Barclays Maintains Overweight on Confluent, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Confluent (NASDAQ:CFLT) but lowers the price target from $42 to $39.

October 12, 2023 | 5:43 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Barclays maintains an Overweight rating on Confluent but lowers the price target from $42 to $39.
The news is directly related to Confluent. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100