Stock Track | CrowdStrike Plummets 5.17% Intraday After Barclays Cuts Price Target

Stock Track

02/21

CrowdStrike Holdings, Inc. (CRWD) saw its stock price plummet by 5.17% during intraday trading on Friday. The sharp decline followed a key analyst action that impacted market sentiment towards the cybersecurity firm.

Barclays lowered its price target on CrowdStrike to $550 from $610, while maintaining an Overweight rating on the shares. The downward revision in the price target, announced ahead of the company's earnings, contributed to negative investor reaction and selling pressure during the trading session.

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(CRWD) saw its stock price plummet by 5.17% during intraday trading on Friday. The sharp decline followed a key analyst action that impacted market sentiment towards the cybersecurity firm.</p><p>Barclays lowered its price target on CrowdStrike to $550 from $610, while maintaining an Overweight rating on the shares. 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