Crowdstrike (CRWD) announces a new target model subscription gross margin at 82%-85%. Piper Sandler raised CRWD’s price target to $210 from $180 and cited long-term free cash flow margins. Jeff Pierce discusses this along with Oracle’s (ORCL) price target raised to $110 from $82.50 at Berenberg. The analyst noted that the advancement of generative A.I. tech has been a major development for its business. Tune in to find out more about the stock market today.
Morning Trade Live
21 Sep 2023
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