Expert Ratings for Cloudflare
Portfolio Pulse from Benzinga Insights
In the last quarter, 20 analysts have provided ratings for Cloudflare (NYSE:NET), with an average 12-month price target of $56.85, a 14.64% decrease from the previous average price target of $66.60. The ratings include 2 bullish, 10 somewhat bullish, 4 indifferent, and 4 bearish.
July 18, 2023 | 7:01 pm
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NEGATIVE IMPACT
Analysts' average 12-month price target for Cloudflare has decreased by 14.64% to $56.85, indicating a potential downside.
The decrease in the average 12-month price target for Cloudflare suggests that analysts are less optimistic about the company's future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100