Baird Maintains Outperform on Cloudflare, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari maintains an Outperform rating on Cloudflare (NYSE:NET) and raises the price target from $64 to $75.
July 28, 2023 | 12:26 pm
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Baird analyst Shrenik Kothari maintains an Outperform rating on Cloudflare and raises the price target from $64 to $75. This could potentially lead to an increase in the stock's price.
The raised price target by Baird from $64 to $75 indicates a positive outlook for Cloudflare. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100