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.
September 25, 2023 | 10:38 am
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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 indicates a positive outlook for Confluent. The maintained price target of $45 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100