CrowdStrike stock dips after Morgan Stanley cuts rating on downside to estimates

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Morgan Stanley downgraded CrowdStrike (NASDAQ:CRWD) to Equal-weight from Overweight ahead of the company’s Q2 results, as the firm sees a downside to consensus CY23/24 estimates.

The firm also cut the price target on CRWD to $167 from $178. CrowdStrike is scheduled to report Q2 results after

CrowdStrikeCutsdipsDownsideestimatesMorganratingStanleystock
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