Piper Jaffray analyst Andrew Nowinski raised his price target for Crowdstrike Holdings to $100 from $90 saying the company last night reported "another solid quarter." The stock is modestly post the results, likely due to the "relatively small" $4.5M beat on revenue, Nowinski tells investors in a research note. He believes, however, that management raised the annual outlook by $15M. The analyst continues to believe Crowdstrike has the best endpoint platform in the market and will continue to gain share at the expense of all the legacy vendors. He reiterates an Overweight rating on the shares.

Microsoft (MSFT) is scheduled to report results of the third quarter of its fiscal year 2024 after the market close on Thursday, April 25, with a conference call scheduled for 5:30 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here