Citigroup Maintains Neutral on Confluent, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Confluent (NASDAQ:CFLT) and raises the price target from $36 to $37.
August 04, 2023 | 1:04 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Confluent and raises the price target from $36 to $37.
The news is directly about Confluent. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the slight increase in the price target may suggest a slightly positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100