CrowdStrike shares fell 5.63% to $200.94 Wednesday after an earlier 7% decline to $198.99, even as analysts broadly maintained bullish views and raised price targets. Mizuho lifted its target to $240 with an Outperform rating, Truist Securities raised its target to $245 while keeping a Buy rating, and Cantor Fitzgerald raised its target to $250 with an Overweight rating. CrowdStrike has an overall Wall Street Buy rating and an average price target of $209.06. The stock remained about 4.6% above its 50-day moving average and well above its 100-day and 200-day averages, while a May golden cross continued to support the longer-term trend. Its move below the 20-day averages and neutral 47.97 relative strength index pointed to consolidation, with $209.50 resistance and $181 support in focus. The pullback followed a strong run, with CrowdStrike up 82% year to date through Tuesday’s close, and came amid broader software selling ahead of its August 26 earnings report. The company also completed a four-for-one Class A stock split, with split-adjusted trading beginning July 2, 2026. Palo Alto Networks and the broader cybersecurity sector also declined, while Rubrik and SailPoint showed relative strength.