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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100