With incoming earnings, either

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08-15

With incoming earnings, either a hit or miss. Plenty of companies which haven't rebound, don't need to take unnecessary risk.

CrowdStrike Stock Will Bounce Back. This Analyst Says to Buy the Dip

Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.One analyst says CrowdStrike may have more trouble mak

CrowdStrike Stock Will Bounce Back. This Analyst Says to Buy the Dip

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Plenty of companies which haven't rebound, don't need to take unnecessary risk.&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>With incoming earnings, either a hit or miss. Plenty of companies which haven't rebound, don't need to take unnecessary risk.&nbsp;</p></body></html>","text":"With incoming earnings, either a hit or miss. Plenty of companies which haven't rebound, don't need to take unnecessary risk.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/338805573124488","repostId":2459148891,"repostType":2,"repost":{"id":"2459148891","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1723704300,"share":"https://www.laohu8.com/m/news/2459148891?lang=&edition=full","pubTime":"2024-08-15 14:45","market":"us","language":"en","title":"CrowdStrike Stock Will Bounce Back. This Analyst Says to Buy the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2459148891","media":"Dow Jones","summary":"Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.One analyst says CrowdStrike may have more trouble mak","content":"<html><head></head><body><p style=\"text-align: start;\">Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9691e1491d82598045806a4ef02372aa\" alt=\"One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.\" title=\"One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.\" tg-width=\"957\" tg-height=\"635\"/><span>One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.</span></p><p style=\"text-align: start;\">D.A. Davidson analyst Rudy Kessinger says the potential rewards of owning CrowdStrike stock now outweigh the risks. “[CrowdStrike] will quickly regain their footing &amp; and momentum given their still strong reputation &amp; best-of-breed cybersecurity platform,” Kessinger wrote in a note reiterating a Buy rating on Tuesday evening. </p><p>Out of 51 analysts covering the stock, 40 rate it Buy or Overweight, according to FactSet. Only three rate CrowdStrike at Sell or Underweight. </p><p>Kessinger said that while the company will take a financial hit in the near to medium term, he believes the pullback in shares following the outage, a slide of about 35%, more than reflects the potential damage. He lowered his target for the stock price from $380 to $290, but that still implies a gain of 17% from the stock’s closing price on Tuesday. </p><p>CrowdStrike shares rose 3.3% at $256.22 on Wednesday.</p><p>Kessinger said that while he isn’t sure exactly how Crowdstrike’s results will be affected in coming quarters, he does expect that signing up new customers will be more difficult than previously. He forecast a negative effect on second-quarter sales of about 12%.</p><p style=\"text-align: start;\">The outage affected companies worldwide as some PC users were locked out of their Windows systems. Delta Air Lines said the outage cost it $500 million over five days and has threatened legal action against the cybersecurity company. CrowdStrike has taken responsibility for the outage but denied acting inappropriately.</p><p style=\"text-align: start;\">“[CrowdStrike has] taken the matter extremely seriously since the moment Windows devices begun crashing, and we believe customers have taken notice,” Kessinger said. “If anyone can bounce back from this, it’s [CrowdStrike].” </p><p style=\"text-align: start;\">CrowdStrike reports second-quarter results on 28 Aug.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike Stock Will Bounce Back. 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This Analyst Says to Buy the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-15 14:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9691e1491d82598045806a4ef02372aa\" alt=\"One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.\" title=\"One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.\" tg-width=\"957\" tg-height=\"635\"/><span>One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.</span></p><p style=\"text-align: start;\">D.A. Davidson analyst Rudy Kessinger says the potential rewards of owning CrowdStrike stock now outweigh the risks. “[CrowdStrike] will quickly regain their footing &amp; and momentum given their still strong reputation &amp; best-of-breed cybersecurity platform,” Kessinger wrote in a note reiterating a Buy rating on Tuesday evening. </p><p>Out of 51 analysts covering the stock, 40 rate it Buy or Overweight, according to FactSet. Only three rate CrowdStrike at Sell or Underweight. </p><p>Kessinger said that while the company will take a financial hit in the near to medium term, he believes the pullback in shares following the outage, a slide of about 35%, more than reflects the potential damage. He lowered his target for the stock price from $380 to $290, but that still implies a gain of 17% from the stock’s closing price on Tuesday. </p><p>CrowdStrike shares rose 3.3% at $256.22 on Wednesday.</p><p>Kessinger said that while he isn’t sure exactly how Crowdstrike’s results will be affected in coming quarters, he does expect that signing up new customers will be more difficult than previously. He forecast a negative effect on second-quarter sales of about 12%.</p><p style=\"text-align: start;\">The outage affected companies worldwide as some PC users were locked out of their Windows systems. Delta Air Lines said the outage cost it $500 million over five days and has threatened legal action against the cybersecurity company. CrowdStrike has taken responsibility for the outage but denied acting inappropriately.</p><p style=\"text-align: start;\">“[CrowdStrike has] taken the matter extremely seriously since the moment Windows devices begun crashing, and we believe customers have taken notice,” Kessinger said. “If anyone can bounce back from this, it’s [CrowdStrike].” </p><p style=\"text-align: start;\">CrowdStrike reports second-quarter results on 28 Aug.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4528":"SaaS概念","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","BK4532":"文艺复兴科技持仓","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","BK4008":"航空公司","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","BK4585":"ETF&股票定投概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","CRWD":"CrowdStrike Holdings, Inc.","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","BK4500":"航空公司","BK4588":"碎股","LU1548497426.USD":"安联环球人工智能AT Acc","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4551":"寇图资本持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","BK4097":"系统软件","BK4560":"网络安全概念","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2459148891","content_text":"Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.One analyst says CrowdStrike may have more trouble making sales than previously, but still sees room for the stock to rise 17%.D.A. Davidson analyst Rudy Kessinger says the potential rewards of owning CrowdStrike stock now outweigh the risks. “[CrowdStrike] will quickly regain their footing & and momentum given their still strong reputation & best-of-breed cybersecurity platform,” Kessinger wrote in a note reiterating a Buy rating on Tuesday evening. Out of 51 analysts covering the stock, 40 rate it Buy or Overweight, according to FactSet. Only three rate CrowdStrike at Sell or Underweight. Kessinger said that while the company will take a financial hit in the near to medium term, he believes the pullback in shares following the outage, a slide of about 35%, more than reflects the potential damage. He lowered his target for the stock price from $380 to $290, but that still implies a gain of 17% from the stock’s closing price on Tuesday. CrowdStrike shares rose 3.3% at $256.22 on Wednesday.Kessinger said that while he isn’t sure exactly how Crowdstrike’s results will be affected in coming quarters, he does expect that signing up new customers will be more difficult than previously. He forecast a negative effect on second-quarter sales of about 12%.The outage affected companies worldwide as some PC users were locked out of their Windows systems. Delta Air Lines said the outage cost it $500 million over five days and has threatened legal action against the cybersecurity company. CrowdStrike has taken responsibility for the outage but denied acting inappropriately.“[CrowdStrike has] taken the matter extremely seriously since the moment Windows devices begun crashing, and we believe customers have taken notice,” Kessinger said. “If anyone can bounce back from this, it’s [CrowdStrike].” CrowdStrike reports second-quarter results on 28 Aug.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":106,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}