Goldman Sachs Maintains Sell on Cloudflare, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges maintains a Sell rating on Cloudflare (NYSE:NET) and lowers the price target from $77 to $68.
June 04, 2024 | 3:18 pm
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Goldman Sachs analyst Gabriela Borges maintains a Sell rating on Cloudflare and lowers the price target from $77 to $68.
The Sell rating and lowered price target from a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and short-term stock price of Cloudflare.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100