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BUZZ-Citigroup lifts PT on CrowdStrike, Fortinet

Reuters01-13

BUZZ-Citigroup lifts PT on <a href="https://laohu8.com/S/CRWD">CrowdStrike</a>, Fortinet

** Citigroup raises PT on CrowdStrike CRWD.O to $610 from $595, Fortinet FTNT.O to $85 from $83

** The new PT implies an upside of 30.6% to CRWD's last close, and 8.1% to FTNT's last close

** For CRWD, brokerage says multiple growth drivers are gaining traction, alongside a rapidly expanding AI-for-security and security-for-AI product portfolio

** Adds, these factors could help CRWD reach $10 bln in ARR earlier than its FY31 target

** For FTNT, Citigroup says co's ~25% market share of the firewall market underpins steady hardware refresh demand, while its price-performance and broad global distribution help it win additional share

** In 2025, CRWD rose 37%, while FTNT fell ~16%

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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Comment（1）

  • MaxGain
    ·01-13
    No matter how HOTAIR & BS comes out of these ASSNALYST, they do not know any better, else they won't be working their ass off on their current day job 🤣. Trade safe and proper!
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