UBS has maintained its Buy rating on CrowdStrike Holdings Inc. (CRWD) and raised the price target to $545 from $425, citing the company's strong long-term prospects in the cybersecurity sector despite potential short-term volatility in the first quarter. Market observations indicate that CRWD has successfully tested new highs and is experiencing upward momentum ahead of its upcoming earnings report. Additionally, other technology and security-related stocks such as Netflix (NFLX), Palantir Technologies (PLTR), Spotify (SPOT), Broadcom (AVGO), and Marvell Technology (MRVL) have also reached record weekly closing highs, reflecting positive investor sentiment in this sector.
$CRWD $NFLX $PLTR $SPOT record weekly closing highs. https://t.co/p0DUKGosrl
$CRWD $LULU $AVGO https://t.co/rcvIgVOzDM
$CRWD Test and bump... earnings next week... https://t.co/ZIC5BIcRiJ