Analyst Ratings for Confluent
Portfolio Pulse from Benzinga Insights
In the last quarter, Confluent (NASDAQ:CFLT) received 7 bullish, 4 somewhat bullish, and 4 indifferent analyst ratings. The average 12-month price target for the company, according to 15 analysts, is $38.27, with a high of $45.00 and a low of $29.00. This average price target has increased by 28.21% over the past month.
August 04, 2023 | 12:03 pm
News sentiment analysis
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POSITIVE IMPACT
Confluent received mostly positive analyst ratings in the last quarter, which could boost investor confidence. The increase in the average price target suggests a potential upside.
Analyst ratings often influence investor sentiment. The predominantly positive ratings for Confluent indicate a favorable outlook for the company. Additionally, the increase in the average price target suggests that analysts expect the stock to perform well in the future, which could attract more investors and drive up the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100