Guggenheim Maintains Sell on Cloudflare, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Difucci maintains a Sell rating on Cloudflare (NYSE:NET) but raises the price target from $50 to $57.
August 02, 2024 | 7:16 pm
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Guggenheim analyst John Difucci maintains a Sell rating on Cloudflare but raises the price target from $50 to $57.
The Sell rating suggests a negative outlook, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100