Guggenheim Reiterates Sell on Cloudflare, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Difucci has reiterated a Sell rating on Cloudflare (NYSE:NET) and maintained a $50 price target.
June 25, 2024 | 4:34 pm
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Guggenheim analyst John Difucci has reiterated a Sell rating on Cloudflare and maintained a $50 price target.
The reiteration of a Sell rating and the maintenance of a $50 price target by a reputable analyst can negatively impact investor sentiment and potentially lead to a short-term decline in Cloudflare's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100