CRWD upgrade - in case you missed it

Investment Analysis Clubs Saul’s Investing Discussions
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https://seekingalpha.com/news/3619750-crowdstrike-rises-gold…

CrowdStrike rises as Goldman upgrades on growth rate, share gains

Oct. 5, 2020 8:26 AM ET|About: CrowdStrike Holdings, Inc. (CRWD)|By: Brandy Betz, SA News Editor

Calling CrowdStrike (NASDAQ:CRWD) “the fastest growth company” within its security software coverage “by a substantial margin,” Goldman Sachs upgrades the company from Neutral to Buy.

Analyst Brian Essex, assuming CRWD coverage from Heather Bellini, sees upside potential with revenue “growing at nearly twice the rate of the company’s hypergrowth Security Software peers.”

Essex also notes CrowdStrike’s “substantial rate of market share gains” in core markets.

Goldman raises its CRWD price target from $122 to $176.

CRWD shares are up 1.9% to $142.56.

Long CRWD 10.4%

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Love the gains, but be sure that Goldman holds a substantial position in CRWD - talking up their own book.

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CRWD has event coming up about workloads security…

Would be interesting to see how that is received… this is a large a strong market expansion move for CRWD and gets into territories of other security SW companies including ESTC and NET… may be FSLY?

https://ir.crowdstrike.com/events/event-details/crowdstrike-…

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