Baird Initiates Coverage On Confluent with Neutral Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power has initiated coverage on Confluent (NASDAQ:CFLT) with a Neutral rating and set a price target of $23.
September 04, 2024 | 9:41 am
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Baird has initiated coverage on Confluent with a Neutral rating and a price target of $23, indicating a cautious outlook.
The Neutral rating suggests that the analyst does not expect significant short-term price movement. The price target of $23 provides a benchmark for investors, but the neutral stance indicates a balanced view of potential risks and rewards.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100