RBC Capital Maintains Outperform on Cloudflare, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Cloudflare (NYSE:NET) and raises the price target from $90 to $99.
August 02, 2024 | 8:00 pm
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POSITIVE IMPACT
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Cloudflare and raises the price target from $90 to $99.
The raised price target and maintained Outperform rating from a reputable analyst at RBC Capital is likely to positively impact Cloudflare's stock price in the short term as it reflects confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100