Morgan Stanley Reiterates Equal-Weight on Cloudflare, Maintains $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has reiterated an Equal-Weight rating on Cloudflare (NYSE:NET) and maintained a $43 price target.

August 07, 2023 | 3:13 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley has reiterated an Equal-Weight rating on Cloudflare and maintained a $43 price target.
The news is directly about Cloudflare and its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, which could mean that the stock price may not change significantly in the short term. The maintained price target also indicates that the analyst's valuation of the company has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100