Needham Initiates Coverage On Confluent with Buy Rating, Announces Price Target of $35
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Mike Cikos initiates coverage on Confluent (NASDAQ:CFLT) with a Buy rating and announces a price target of $35.
May 30, 2023 | 10:13 am
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Needham analyst Mike Cikos initiates coverage on Confluent with a Buy rating and a price target of $35.
The Buy rating and price target of $35 announced by Needham analyst Mike Cikos for Confluent (CFLT) is a positive signal for the stock. This recommendation suggests that the analyst believes the stock has potential for growth in the short term, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100