Barclays Maintains Overweight on Confluent, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Confluent (NASDAQ:CFLT) and raised the price target from $29 to $32.
October 31, 2024 | 6:08 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Confluent and increased the price target from $29 to $32, indicating a positive outlook.
The increase in price target from $29 to $32 by Barclays suggests a positive outlook for Confluent, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100