Keybanc Maintains Overweight on Cloudflare, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey maintains an Overweight rating on Cloudflare (NYSE:NET) and raises the price target from $94 to $132.
February 09, 2024 | 8:03 pm
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POSITIVE IMPACT
Keybanc analyst Thomas Blakey maintains an Overweight rating on Cloudflare and raises the price target from $94 to $132.
The upgrade in price target by a reputable analyst like Thomas Blakey from Keybanc signals strong confidence in Cloudflare's future performance. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in Cloudflare's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100