Oppenheimer Lifts PT on CrowdStrike Holdings (CRWD) to $580 From $560, Keeps an Outperform Rating

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the best large cap stocks to invest in for the long term. On November 21, Oppenheimer lifted the price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $580 from $560 while maintaining an Outperform rating on the shares. The firm supported the optimistic rating with the positive October-end checks for the company, stating that it showed the fourth consecutive quarter of partners tracking above plan.

Separately, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) announced a major global partnership with CoreWeave, The Essential Cloud for AI™, on November 5, focused on securing an AI cloud foundation for the agentic era and accelerating the “march” towards secure AGI.

Management reported that the collaboration combines CrowdStrike Falcon® platform’s protection and CoreWeave’s high-performance AI Cloud to “secure and accelerate the complex computing workloads that drive modern AI innovation – protecting the systems where intelligence is built, trained, and deployed”. The collaboration empowers AI pioneers for faster and more confident innovation on infrastructure secured by design.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) offers cybersecurity services and products to prevent breaches. Its offerings include cloud-delivered protection across endpoints, threat hunting, managed security services, IT operations management, log management, and more.

While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.