Cantor Fitzgerald Maintains Neutral on Cloudflare, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Cloudflare (NYSE:NET) and raises the price target from $80 to $85.
August 02, 2024 | 2:32 pm
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Cantor Fitzgerald has maintained a Neutral rating on Cloudflare and raised the price target from $80 to $85.
The raised price target from $80 to $85 suggests a positive outlook on Cloudflare's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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