Truist: Generative AI to Bring Opportunities in Infrastructure and Cybersecurity, Raises Target on CrowdStrike (CRWD.US)
Tuesday, Nov 19, 2024 1:50 am ET
Truist Securities adjusted its price targets ahead of several infrastructure and security software companies reporting quarterly earnings, with analysts led by Joel Fishbein Jr. believing buyer behavior has stabilized in the infrastructure and cybersecurity sectors since last year, focusing on visibility in 2025, which they believe will be a "make-or-break" moment for generative AI projects.