Mizuho Maintains Buy Rating for Confluent: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho maintains its Buy rating for Confluent (NASDAQ:CFLT) and raises its price target from $28.00 to $40.00. Confluent's shares are currently trading down 6.91% at $34.58 per share.
June 14, 2023 | 5:00 pm
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Mizuho maintains Buy rating for Confluent and raises price target from $28.00 to $40.00. Shares are trading down 6.91% at $34.58.
Mizuho's decision to maintain a Buy rating and raise the price target for Confluent indicates a positive outlook for the stock. Despite the current 6.91% decline in share price, the new price target of $40.00 represents a potential 15.69% increase from the current share price, which could lead to a short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100