CrowdStrike Holdings Inc CRWD Stocks are trading higher on Monday. The cybersecurity company announced a new partnership with Dell Technologies Inc Dell and sees positive analyst coverage before earnings.

What happened: CrowdStrike and Dell announced a new strategic alliance Helping businesses of all sizes prevent, detect, and respond to cyber threats with frictionless, cost-effective offerings.

CrowdStrike’s platform will also be available for a wide range of Dell products, including commercial Dell PCs, in the coming months.

“The CrowdStrike and Dell collaboration provides significant market access and accelerates the consolidation of legacy and point products onto the leading modern cybersecurity platform. Together, Dell and CrowdStrike ensure cyber defenses are frictionless, automated, and cost-effective—while fulfilling our mission to stop breaches.” Daniel BernhardtCrowdStrike’s Chief Business Officer.

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What else: Needham Analyst Alex Henderson repeated CrowdStrike with a buy and maintained a $165 price target ahead of the company’s fourth-quarter results, which are due after the close on Tuesday.

CrowdStrike is expected to report quarterly earnings of 43 cents per share on revenue of $624.95 million Gasoline Pro.

CRWD Price Action: CrowdStrike has a 52-week high of $242 and a 52-week low of $92.25.

The stock is up 4.41% at $131.60 at the time of writing Gasoline Pro.

Photo: courtesy of CrowdStrike.