
BlackJack3D
Baird downgraded three cybersecurity and infrastructure software stocks Cloudflare (NYSE:NET), CrowdStrike (NASDAQ:CRWD) and Fortinet (NASDAQ:FTNT) to Neutral from Outperform citing valuation.
Shares of Cloudflare fell about 3%, Crowdstrike declined about 2%, while Fortinet dipped nearly 1% on Monday.
Analysts led