Expert Ratings for Cloudflare
Portfolio Pulse from Benzinga Insights
In the last quarter, Cloudflare (NYSE:NET) received a mix of analyst ratings, with 3 bullish, 7 somewhat bullish, 3 indifferent, and 4 bearish. The average price target is $55.65, representing an 18.46% decrease from the previous average of $68.25.
June 05, 2023 | 8:01 pm
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Cloudflare received mixed analyst ratings in the last quarter, with an average price target of $55.65, which is lower than its current price of $69.456.
The mixed analyst ratings and the lower average price target compared to the current price suggest that there might be a potential downside for Cloudflare's stock in the short term. The 18.46% decrease in the average price target from the previous average indicates that analysts have become more bearish on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100