Baird Maintains Outperform on Cloudflare, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari maintains an Outperform rating on Cloudflare (NYSE:NET) and raises the price target from $94 to $100.
August 02, 2024 | 3:39 pm
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Baird analyst Shrenik Kothari maintains an Outperform rating on Cloudflare and raises the price target from $94 to $100.
The raised price target and maintained Outperform rating from a reputable analyst at Baird is likely to positively impact Cloudflare's stock price in the short term. Investors often react favorably to such updates, especially when the price target is increased.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100