Canaccord Genuity Initiates Coverage On Confluent with Buy Rating, Announces Price Target of $40
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane has initiated coverage on Confluent (NASDAQ:CFLT) with a Buy rating and a price target of $40.
September 01, 2023 | 9:50 am
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Canaccord Genuity has initiated coverage on Confluent with a Buy rating and a price target of $40, which could positively impact the stock's performance.
The initiation of coverage by Canaccord Genuity with a Buy rating indicates a positive outlook for Confluent. The price target of $40 suggests that the analyst believes the stock has significant upside potential. This could attract investors and drive the stock price up in the short term.
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