- Crowdstrike is trading at $198.93 (-6.57%) today, with the drop occurring amidst broader market pressures on technology stocks and anticipation of Federal Reserve minutes.
- Cantor Fitzgerald maintained its Overweight rating and adjusted its price target to $250 from $725 on August 19, 2026, reflecting a recent 4-for-1 stock split.
- On a split-adjusted basis, the new target of $250 actually represents an increase from the previous split-adjusted target of approximately $181.
- Traders are awaiting Federal Reserve minutes scheduled for 2:00 p.m. ET, which may shed light on future monetary policy.
🔴 Crowdstrike is trading 6.6% down today, as Cantor Fitzgerald raises split-adjusted target amidst broader market pressures