Goldman Sachs Maintains Neutral on Confluent, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Confluent (NASDAQ:CFLT) and raised the price target from $27 to $30.

May 09, 2024 | 12:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Confluent and increases the price target from $27 to $30.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on Confluent's financial health and market position. Although the rating remains Neutral, the raised target indicates an expectation of stock performance improvement, likely leading to a short-term positive impact on CFLT's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100