CrowdStrike Holdings shares fell as much as 3% in pre-market trading on Thursday, deepening a slide that has left the cybersecurity group 18% below its July level and roughly 20% off its record high. The retreat follows management’s warning that revenue growth will be slower than previously expected as the company continues to recover from a recent IT outage that disrupted some customer operations. Brokerages moved quickly to trim their expectations. Piper Sandler kept a Neutral rating but lowered its price target to $450 from $505, citing the outage’s drag on near-term sales, while UBS cut its target to $500 from $545. Although CrowdStrike told investors it still anticipates about 40% growth in net new annual recurring revenue during the second half of the fiscal year—a forecast that some analysts say could underpin longer-term optimism—the immediate impact of the disruption is weighing on the shares.