00:00It's Benzinga, bringing Wall Street to Main Street.
00:02CrowdStrike shares rose in Monday's pre-market trading as renewed analyst optimism supported
00:07a rebound from a two-day decline, according to Benzinga. Needham analyst Mike Sikos maintained
00:12a buy rating Friday and raised his price target from $250 to $310. Sikos said the company's
00:19Falcon Flex offering is generating new demand, while its next-gen SIEM platform could benefit
00:24from increased data generated by AI agents. He projects revenue of $6 billion in 2027
00:30and $7.36 billion in 2028. CrowdStrike advised shareholders against an unsolicited offer from
00:37Tutanota LLC to purchase up to 500,000 shares at $260 each, citing conditions that may not be
00:44satisfied. Shares gained 0.71% to $277 in pre-market trading Monday, according to Benzinga Prodata.
00:51For all things money, visit Benzinga.com.
