Guggenheim Maintains Buy on Confluent, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Howard Ma maintains a Buy rating on Confluent (NASDAQ:CFLT) and raises the price target from $35 to $37.
May 08, 2024 | 5:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Guggenheim analyst Howard Ma reaffirms a Buy rating on Confluent and increases the price target to $37.
The upgrade in price target by a reputable analyst like Howard Ma from Guggenheim signals a positive outlook for Confluent, likely leading to increased investor confidence and potentially a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100