Cantor Fitzgerald Maintains Neutral on Cloudflare, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Cloudflare (NYSE:NET) and lowers the price target from $100 to $80.
May 03, 2024 | 3:01 pm
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Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Cloudflare and lowers the price target from $100 to $80.
The reduction in price target from $100 to $80 by a reputable analyst could lead to a negative short-term sentiment among investors, potentially causing a decrease in Cloudflare's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100