JMP Securities Reiterates Market Outperform on Confluent, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating for Confluent (NASDAQ:CFLT) and maintained a $40 price target.
September 24, 2024 | 1:32 pm
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JMP Securities has reiterated its Market Outperform rating for Confluent, maintaining a $40 price target. This suggests confidence in Confluent's market position and potential for growth.
The reiteration of a Market Outperform rating and a maintained price target of $40 by JMP Securities indicates a positive outlook on Confluent's stock. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100