Goldman Sachs Maintains Neutral on Confluent, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on Confluent (NASDAQ:CFLT) and raises the price target from $29 to $32.
June 15, 2023 | 12:55 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Confluent and raises the price target from $29 to $32.
Goldman Sachs' decision to maintain a Neutral rating on Confluent indicates that they do not expect significant short-term price movement. However, the raised price target from $29 to $32 suggests a slightly more positive outlook on the stock's potential performance. This news may not have a strong impact on the stock price in the short term, but it could influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100