Wells Fargo Maintains Overweight on Confluent, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Confluent (NASDAQ:CFLT) but lowers the price target from $38 to $34.
August 01, 2024 | 2:28 pm
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NEUTRAL IMPACT
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Confluent but lowers the price target from $38 to $34.
The Overweight rating suggests a positive outlook, 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