Scotiabank Maintains Sector Perform on Confluent, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nick Altmann maintains a Sector Perform rating on Confluent (NASDAQ:CFLT) but lowers the price target from $28 to $25.
August 01, 2024 | 6:28 pm
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Scotiabank analyst Nick Altmann maintains a Sector Perform rating on Confluent but lowers the price target from $28 to $25.
The lowered price target from $28 to $25 suggests a less optimistic outlook for Confluent's stock performance, which could lead to a short-term negative impact on the stock price.
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