Where Confluent Stands With Analysts
Portfolio Pulse from Benzinga Insights
Confluent (NASDAQ:CFLT) has received 16 analyst ratings in the last quarter, with 8 being bullish, 4 somewhat bullish, and 4 indifferent. The average price target is $39.81, indicating an upside from the current price of $33.25. This average has increased by 31.69% from the previous average price target of $30.23.
September 01, 2023 | 9:00 pm
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POSITIVE IMPACT
Confluent has received positive analyst ratings, indicating potential upside from the current price. The average price target has increased by 31.69% from the previous average.
Analyst ratings are a significant factor in influencing stock prices. The positive ratings and the increase in the average price target for Confluent suggest that analysts are optimistic about the company's performance, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100