Scotiabank Maintains Sector Perform on Confluent, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nick Altmann has maintained a 'Sector Perform' rating on Confluent (NASDAQ:CFLT) and increased the price target from $22 to $28.

February 08, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Scotiabank has maintained a 'Sector Perform' rating on Confluent and raised the price target from $22 to $28.
The increase in price target by Scotiabank reflects a positive outlook on Confluent's stock, suggesting that the analyst sees potential for growth or improvement in the company's performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100