Deutsche Bank Reiterates Buy on Confluent, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick reiterated a Buy rating on Confluent (NASDAQ:CFLT) and raised the price target from $27 to $38.
June 15, 2023 | 3:44 pm
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Deutsche Bank analyst Brad Zelnick reiterated a Buy rating on Confluent and raised the price target from $27 to $38.
The Deutsche Bank analyst's reiteration of a Buy rating and increase in the price target for Confluent (NASDAQ:CFLT) from $27 to $38 indicates a positive outlook for the stock. This news is likely to have a positive impact on the stock price in the short term as it reflects the analyst's confidence in the company's growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100