Barclays Maintains Overweight on Confluent, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Confluent (NASDAQ:CFLT) and raises the price target from $26 to $42.
June 14, 2023 | 12:45 pm
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Barclays maintains an Overweight rating on Confluent (NASDAQ:CFLT) and raises the price target from $26 to $42.
The news of Barclays maintaining an Overweight rating on Confluent and raising the price target from $26 to $42 indicates a positive outlook for the stock. This could lead to increased investor confidence and potentially drive the stock price higher in the short term.
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IMPORTANCE 80
RELEVANCE 100