{"id":62136,"date":"2023-09-17T14:43:52","date_gmt":"2023-09-17T18:43:52","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/hsbc-initiates-coverage-on-crowdstrike-with-buy-recommendation\/"},"modified":"2023-09-17T14:43:54","modified_gmt":"2023-09-17T18:43:54","slug":"hsbc-initiates-coverage-on-crowdstrike-with-buy-recommendation","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=62136","title":{"rendered":"HSBC initiates coverage on Crowdstrike with buy recommendation"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The one-year price target for the cybersecurity firm is set at an average of $184.89, marking an 8.30% increase from its latest closing price of $170.73.<\/p>\n

Crowdstrike, known for its cloud-delivered endpoint and cloud workload protection that leverages artificial intelligence to protect customers from cyber threats, is anticipated to see its annual revenue ascend by 14.21% to $3,018 million. The company’s projected annual non-GAAP EPS stands at 2.03.<\/p>\n

Despite some fluctuations in investment sentiment around the company, institutional ownership has seen a slight uptick over the past three months. While there was a decrease of 51 owners or 3.02% in the last quarter, total shares held by institutions have increased by 1.27% to 173,115K shares. However, the average portfolio weight dedicated to CRWD among these funds has dropped by 11.79%. The put\/call ratio for CRWD currently stands at 1.15, suggesting a bearish outlook.<\/p>\n

In terms of specific shareholders, Vanguard Total Stock Market Index Fund Investor Shares holds 6,649K shares or 2.78% ownership of the company, representing a decrease of 1.57% from its previous filing and a portfolio allocation reduction of 2.80%. On the other hand, Voya Investment Management increased its stake by 10.21% to hold 5,311K shares or 2.22% ownership and boosted its portfolio allocation in CRWD by 12.66%.<\/p>\n

T. Rowe Price Investment Management holds a stake of 5,069K shares or 2.12% ownership after increasing its holdings by 26.24% from its previous filing, accompanied by a portfolio allocation hike of 37.82%. Jennison Associates reduced its stake slightly by 0.96% to hold 4,823K shares or 2.02% ownership and decreased its portfolio allocation by 5.71%. Jpmorgan Chase has raised its stake by 7.91% to hold 4,010K shares or 1.68% ownership, and significantly increased its portfolio allocation by a substantial 725.40%.<\/p>\n

This comprehensive snapshot of Crowdstrike’s current financial outlook and institutional sentiment is crucial for investors considering their involvement with the company.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The one-year price target for the cybersecurity firm is set at an average of $184.89, marking an 8.30% increase from its latest closing price of $170.73. Crowdstrike, known for its cloud-delivered endpoint and […]<\/p>\n","protected":false},"author":1,"featured_media":6537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-62136","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nHSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=62136\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=62136\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-17T18:43:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-17T18:43:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXMPEB0E0CQ_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62136#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62136\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"HSBC initiates coverage on Crowdstrike with buy recommendation\",\"datePublished\":\"2023-09-17T18:43:52+00:00\",\"dateModified\":\"2023-09-17T18:43:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62136\"},\"wordCount\":343,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=62136#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62136\",\"url\":\"https:\/\/ifintechworld.com\/?p=62136\",\"name\":\"HSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-17T18:43:52+00:00\",\"dateModified\":\"2023-09-17T18:43:54+00:00\",\"description\":\"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62136#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=62136\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62136#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HSBC initiates coverage on Crowdstrike with buy recommendation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld","description":"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=62136","og_locale":"en_US","og_type":"article","og_title":"HSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld","og_description":"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The","og_url":"https:\/\/ifintechworld.com\/?p=62136","og_site_name":"iFintechWorld","article_published_time":"2023-09-17T18:43:52+00:00","article_modified_time":"2023-09-17T18:43:54+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXMPEB0E0CQ_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=62136#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=62136"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"HSBC initiates coverage on Crowdstrike with buy recommendation","datePublished":"2023-09-17T18:43:52+00:00","dateModified":"2023-09-17T18:43:54+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=62136"},"wordCount":343,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=62136#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=62136","url":"https:\/\/ifintechworld.com\/?p=62136","name":"HSBC initiates coverage on Crowdstrike with buy recommendation | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-09-17T18:43:52+00:00","dateModified":"2023-09-17T18:43:54+00:00","description":"\u00a9 Reuters. HSBC has initiated coverage of Crowdstrike Holdings Inc. (NASDAQ:CRWD) with a Buy recommendation on Friday, according to a recent report. The","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=62136#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=62136"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=62136#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"HSBC initiates coverage on Crowdstrike with buy recommendation"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62136"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62136\/revisions"}],"predecessor-version":[{"id":62137,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62136\/revisions\/62137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/6537"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}