Needham Reiterates Buy on Confluent, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a 'Buy' rating on Confluent (NASDAQ:CFLT) and maintained a price target of $45.
August 04, 2023 | 1:55 pm
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Needham analyst Mike Cikos has reiterated a 'Buy' rating on Confluent, maintaining a price target of $45.
The reiteration of a 'Buy' rating by a Needham analyst, along with the maintenance of a $45 price target, indicates a positive outlook for Confluent. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
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