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CrowdStrike’s Market Share Bleed Makes Wells Fargo Upgrade Rival’s PT By 53%

NewsTech

Published:

After the historic computer outage last year with global implications and one that impacted 8.5 million computers, Crowdstrike, the firm whose software was behind the disruption, is bleeding market share to rivals, according to Wells Fargo. In an analyst note released earlier today, Wells Fargo upgraded cybersecurity firm SentinelOne to Overweight from Equal-weight and bumped up its share price target by 53% to $29 from an earlier $19. The bank highlighted its belief that SentinelOne is gaining market share over CrowdStrike, which has come under sharp criticism since the outage from firms like Delta Airlines that had to face wide […]

Read full article at https://wccftech.com/crowdstrikes-market-share-bleed-makes-wells-fargo-upgrade-rivals-pt-by-53/

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