BUZZ-CrowdStrike falls after KeyBanc downgrades to 'sector weight'

Reuters01-12
BUZZ-<a href="https://laohu8.com/S/CRWD">CrowdStrike</a> falls after KeyBanc downgrades to 'sector weight'

** Cybersecurity firm CrowdStrike's CRWD.O shares fall 2.1% to $460.70 premarket

** KeyBanc downgrades to "sector weight" from "overweight"

** Says outlook for security is measured since security budgets are expected to lag overall IT budgets in 2026

** Adds 70% of CIOs note they have more than 10 security tools and AI as a tailwind still remains early

** Average rating of 54 analysts is "buy"; median PT is $567 - data compiled by LSEG

** CRWD gained 37% in 2025

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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