CrowdStrike Sinks 7% Despite Truist Price Target Raise to $245, Palo Alto Networks Falls 5%

CrowdStrike Sinks 7% Despite Truist Price Target Raise to $245, Palo Alto Networks Falls 5%

Truist just raised its CrowdStrike price target by a wide margin and called the cybersecurity setup constructive, yet the stock is bleeding into earnings week anyway. Two smaller names are quietly bucking the selloff, and where the money is hiding tells you something important about where budgets are actually going.