UBS Maintains Neutral on Confluent, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead has maintained a Neutral rating on Confluent (NASDAQ:CFLT) and raised the price target from $21 to $26.
February 05, 2024 | 5:14 pm
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UBS has maintained a Neutral rating on Confluent and increased the price target from $21 to $26.
The increase in price target by UBS suggests a positive outlook on Confluent's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of improved performance or valuation metrics that could lead to stock appreciation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90