CrowdStrike stock (CRWD) heads into earnings week after Jefferies trims target, AI jitters linger
CrowdStrike shares fell 2.4% to $371.98 on Friday, breaking a two-day winning streak ahead of its fiscal Q4 and full-year results set for release after the market closes Tuesday. Trading volume was above average. The stock is now about 34% below its 52-week high of $566.90. Jefferies cut its price target to $500, citing expectations for strong ARR growth despite sector volatility.