Mizuho Maintains Outperform on Confluent, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains an Outperform rating on Confluent (NASDAQ:CFLT) but lowers the price target from $36 to $34.
July 16, 2024 | 11:43 am
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NEUTRAL IMPACT
Mizuho analyst Gregg Moskowitz maintains an Outperform rating on Confluent but lowers the price target from $36 to $34.
The Outperform rating suggests continued confidence in Confluent's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100