BUZZ-Citigroup lifts PT on CrowdStrike, Fortinet
BUZZ-Citigroup lifts PT on CrowdStrike, 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%