Where Confluent Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published their opinion on Confluent (NASDAQ:CFLT) stock. The company has an average price target of $40.5, up 35.0% from the previous average price target of $30.00. The ratings include 3 bullish, 1 somewhat bullish, and 2 indifferent.
September 25, 2023 | 7:01 pm
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POSITIVE IMPACT
Analysts have a positive outlook on Confluent (NASDAQ:CFLT) with an average price target of $40.5, a 35.0% increase from the previous target. The majority of the ratings are bullish.
The positive outlook from analysts, indicated by the majority of bullish ratings and the significant increase in the average price target, suggests a potential upward movement for Confluent's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100