CrowdStrike rose more than 4.4% to a new high and Wedbush raised its price target to $575.

Cybersecurity company CrowdStrike rose over 4.4% to $517.98, hitting a new all-time high. In terms of news, Wedbush raised CrowdStrike's target price from $525 to $575, maintaining an "outperform" rating, with artificial intelligence helping to drive demand growth for CrowdStrike.