Mizuho Maintains Outperform on Confluent, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has maintained an Outperform rating on Confluent (NASDAQ:CFLT) and raised the price target from $29 to $31.
October 31, 2024 | 2:06 pm
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Mizuho has reaffirmed its Outperform rating on Confluent and increased the price target from $29 to $31, indicating positive expectations for the stock.
The increase in price target from $29 to $31 by Mizuho suggests a positive outlook for Confluent's stock, likely leading to a short-term price increase. The Outperform rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100