The question is, however: Does the stock deserve its high premium, compared to peers such as Cisco Systems ( CSCO ) or Fortinet ( FTNT )? Ahead of the quarter, RBC Capital's Matthew Hedberg says yes, reiterating his Buy rating on the stock, while boosting his price target from $115 to $120. Citing channel checks, Hedberg believes CrowdStrike not only will beat its Q2 numbers, but also issue upside guidance. In other words, valuation concerns aside, CrowdStrike is poised to be a long-term beneficiary of that shift in IT security spending.