Mizuho Maintains Neutral on Cloudflare, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Cloudflare (NYSE:NET) and lowers the price target from $95 to $88.

May 03, 2024 | 12:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Cloudflare and lowers the price target from $95 to $88.
The reduction in price target by Mizuho suggests a less optimistic outlook on Cloudflare's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100