Tech Stocks Surge: Cloudflare Leads with Anti-Bot Tools, Micron Unveils New Logo

1. Cloudflare (NYSE: NET)
Cloudflare surged by 8.84%. Cloudflare announced new anti-bot tools to block AI scrapers. Meanwhile, Exane BNP Paribas initiated coverage with an underperform rating and a $65 price target. Cloudflare also disclosed multiple insider trading activities in September and October 2024.

2. Crowdstrike Holdings (Nasdaq: CRWD)
Crowdstrike Holdings gained solidly by 5.56%. Exane BNP Paribas initiated coverage of CrowdStrike Holdings with a neutral rating and a $285 price target. JMP Securities reiterated a market outperform rating with a $400 target. Canaccord Genuity maintains a buy rating with a $330 target. Keybanc keeps overweight, raising the target to $345.

3. Datadog (Nasdaq: DDOG)
Datadog gained solidly by 3.94%. Datadog disclosed multiple insider transactions in early October, including sales by OBSTLER DAVID and Shah Shardul, and a purchase by Pomel Olivier. Exane BNP Paribas initiated coverage with an "Outperform" rating, targeting $150. DA Davidson upgraded Datadog to "Buy," raising the price target to $140.

4. Micron Technology (Nasdaq: MU)
Micron Technology gained solidly by 3.92%. Micron Technology unveiled a new logo inspired by wafer precision, reflecting its technological leadership. Keybanc and Cantor Fitzgerald maintained an "Overweight" rating, with new price targets of $135 and $150 respectively. Micron reported FY2024 revenue of $25.11 billion and net income of $7.78 billion.

5. Atlassian (Nasdaq: TEAM)
Atlassian gained solidly by 3.9%. Atlassian disclosed multiple insider transactions from October 1-10, 2024, involving significant share sales by major shareholders Scott Farquhar and Cannon-Brookes Michael. Canaccord Genuity maintained a Buy rating, raising the target price to $225. Raymond James upgraded Atlassian to Outperform, setting a $200 target.