CrowdStrike and Celestica stocks see gains amid analyst updates

CrowdStrike Holdings saw its stock rise nearly 5% on Friday following a significant price target increase from Needham. Analyst Mike Cikos raised the fair value assessment for the cybersecurity firm to $310 per share, up from $250, maintaining a buy recommendation. The upgrade was driven by the performance of Falcon Flex, a subscription service that allows customers to access a pool of products and switch between models as needed.

Separately, Celestica, Inc. shares traded up 1.6% during mid-day trading on Friday. The technology company has received various analyst ratings recently, including a $500 price target from Stifel Nicolaus and Scotiabank, and an outperform rating from Royal Bank of Canada. While Weiss Ratings recently downgraded the stock from a 'buy (b)' to a 'buy (b-)' rating, the majority of research analysts maintain a buy rating for the company.