JP Morgan Maintains Neutral on Confluent, Raises Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Pinjalim Bora maintains a Neutral rating on Confluent (NASDAQ:CFLT) and raises the price target from $20 to $31.
June 14, 2023 | 2:54 pm
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NEUTRAL IMPACT
JP Morgan analyst Pinjalim Bora maintains a Neutral rating on Confluent (NASDAQ:CFLT) and raises the price target from $20 to $31.
The news directly mentions Confluent (NASDAQ:CFLT) and the price target increase by JP Morgan analyst Pinjalim Bora. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100