Needham Maintains Buy on Confluent, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has maintained a 'Buy' rating on Confluent (NASDAQ:CFLT) but lowered the price target from $45 to $23.
November 02, 2023 | 11:15 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Needham analyst Mike Cikos has maintained a 'Buy' rating on Confluent but lowered the price target from $45 to $23.
The news is directly related to Confluent (NASDAQ:CFLT). While the 'Buy' rating is maintained, the lowering of the price target from $45 to $23 by Needham analyst Mike Cikos could create uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100