CrowdStrike stock price jumps on HSBC upgrade as CRWD heads into holiday-shortened week
CrowdStrike shares jumped 4.4% to $429.64 Friday after HSBC upgraded the stock to “buy” with a $446 target, citing its cloud-native cybersecurity model. About 3.5 million shares changed hands as investors weighed AI’s impact on software firms. U.S. markets close Monday for Presidents Day. CrowdStrike will report quarterly results after the bell on March 3.