RBC Capital Maintains Outperform on Confluent, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Confluent (NASDAQ:CFLT) and increased the price target from $35 to $37.
February 14, 2024 | 3:12 pm
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RBC Capital has reaffirmed its Outperform rating on Confluent and raised the price target from $35 to $37.
The increase in price target by a reputable analyst firm like RBC Capital suggests a positive outlook on Confluent's stock, likely leading to increased investor confidence and potentially a short-term rise in stock price.
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IMPORTANCE 90
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