Baird, Fortinet and Cloudflare

Baird downgrades CrowdStrike, Fortinet, and Cloudflare
Baird analysts downgrade several names in the cybersecurity space, including CrowdStrike (CRWD), Fortinet (FTNT), and Cloudflare (NET). Julie Hyman and Josh Lipton take a closer look at the analyst note and outline what investors need to know.
CrowdStrike, Cloudflare and Fortinet see rating cuts at Baird on valuation
Baird downgraded three cybersecurity and infrastructure software stocks Cloudflare (NET), CrowdStrike (CRWD) and Fortinet (FTNT) to Neutral from Outperform citing valuation.
Baird downgrades internet security stocks on valuation
CrowdStrike Holdings Inc (NASDAQ:CRWD), and Fortinet Inc (NASDAQ:FTNT), to "Neutral" given their stretched valuations.
Robert W. Baird downgrades Cloudflare (NET) to a Hold
Cloudflare (NET – Research Report) received a Hold rating and price target from Robert W. Baird analyst Shrenik Kothari yesterday. The
Cloudflare Stock Dips On Baird Downgrade Flagging Overvaluation: Retail Shrugs It Off
Shares of Cloudflare Inc. (NET) fell nearly 4% in morning trade on Monday as analysts at Baird identified some near-term risks to high-multiple names. According to TheFly, Baird analysts underscored that 2025 could bring some prudence as far as the growth outlook for security stocks is concerned.
Baird cuts Cloudflare stock rating, raises price target to $140
Baird analysts adjusted their stance on Cloudflare Inc . (NYSE: NYSE:NET), moving the stock rating from Outperform to Neutral, despite increasing the price target to $140 from $125. The revision follows a strong performance by Cloudflare,
CrowdStrike Stock Hits Record High Following DeepSeek Cyberattack
Key Takeaways CrowdStrike Holdings shares hit a record intraday high Tuesday after a cyberattack hit Chinese AI startup ...
CrowdStrike Holdings (CRWD) Receives a New Rating from a Top Analyst
CrowdStrike Holdings (CRWD – Research Report) received a Hold rating and price target from Robert W. Baird analyst Shrenik Kothari yesterday.
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Cloudflare Discloses ‘Limited’ Impact From Okta Breach
The company’s security team cut off access to the attacker and began investigating the incident with the help of a forensic team from CrowdStrike, according to Cloudflare. The investigation was ...
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Why Cloudflare (NET) Stock Is Up Today
What Happened? Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 9.4% in the afternoon ...
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CrowdStrike's Outage Put It to the Test, but Now the Company Faces an Even Bigger Challenge
As the chart shows, CrowdStrike is among the priciest stocks in this cohort -- practically in line with Cloudflare. While this valuation premium could suggest that CrowdStrike stock is expensive ...
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10 Coolest Cybersecurity Products At CrowdStrike Fal.Con 2023
Key capabilities from Cloudflare’s security service edge (SSE) offering have been a major focus for integration efforts with CrowdStrike Falcon. Those include Cloudflare’s zero trust network ...
Breakfast News: AI Model Showdown
Microsoft ( MSFT 2.91%) and OpenAI are reportedly investigating suspicions DeepSeek built its new AI app by the back door.