TD Cowen Maintains Outperform on Cloudflare, Raises Price Target to $80
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Shaul Eyal maintains an Outperform rating on Cloudflare (NYSE:NET) and raises the price target from $70 to $80.
August 04, 2023 | 3:55 pm
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TD Cowen analyst maintains an Outperform rating on Cloudflare and raises the price target from $70 to $80. This could potentially lead to an increase in the stock price.
The Outperform rating maintained by TD Cowen indicates that the analyst expects Cloudflare to do better than the market average. The increase in the price target from $70 to $80 suggests that the analyst sees more upside potential in the stock, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100