Canaccord Genuity Maintains Buy on Confluent, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity maintains a Buy rating on Confluent (NASDAQ:CFLT) but lowers the price target from $35 to $34.

August 01, 2024 | 12:41 pm
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NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Confluent but lowers the price target from $35 to $34.
The maintained Buy rating suggests continued confidence in Confluent's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100