CrowdStrike Raises Margin Targets. Here’s What Wall Street Thinks.

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CrowdStrike Raises Margin Targets. Here’s What Wall Street Thinks.
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The security software company says the timeframe for meeting the targets is three to five years.

CrowdStrike Holdings raised its targets for subscription gross margins and operating margins, leaving Wall Street optimistic about the security software company.

Needham analysts, who also reiterated their Buy rating and boosted their price target to $215 from $200, struck a similar tone.

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