UBS Upgrades Cloudflare to Neutral, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Roger Boyd has upgraded Cloudflare (NYSE:NET) from Sell to Neutral and raised the price target from $76 to $82.
June 25, 2024 | 9:49 am
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UBS analyst Roger Boyd has upgraded Cloudflare from Sell to Neutral and increased the price target from $76 to $82.
The upgrade from Sell to Neutral and the raised price target indicate a more positive outlook on Cloudflare's stock, which is likely to result in a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100