Piper Sandler Maintains Neutral on Cloudflare, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish has maintained a Neutral rating on Cloudflare (NYSE:NET) and lowered the price target from $64 to $60.
November 03, 2023 | 7:51 pm
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Piper Sandler has maintained a Neutral rating on Cloudflare and lowered the price target from $64 to $60.
The lowering of the price target by Piper Sandler could potentially lead to a negative sentiment among investors, which may put downward pressure on Cloudflare's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100