Mizuho Maintains Neutral on Cloudflare, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Cloudflare (NYSE:NET) and raises the price target from $88 to $92.

July 16, 2024 | 11:40 am
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Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Cloudflare and raises the price target from $88 to $92.
The raised price target from $88 to $92 indicates a positive outlook on Cloudflare's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100