Loop Capital Maintains Hold on Confluent, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a Hold rating on Confluent (NASDAQ:CFLT) but lowers the price target from $30 to $25.
July 19, 2024 | 1:58 pm
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Loop Capital analyst Yun Kim maintains a Hold rating on Confluent but lowers the price target from $30 to $25.
The lowered price target from $30 to $25 by Loop Capital suggests a less optimistic outlook for Confluent's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100