Morgan Stanley Maintains Equal-Weight on Cloudflare, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Cloudflare (NYSE:NET) and raises the price target from $55 to $60.
November 07, 2023 | 1:31 pm
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Morgan Stanley maintains an Equal-Weight rating on Cloudflare and raises the price target from $55 to $60. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence the stock price. An increase in the price target usually indicates a positive outlook for the stock, which could lead to an increase in the stock's price in the short term.
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