TD Cowen Maintains Buy on Confluent, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a Buy rating on Confluent (NASDAQ:CFLT) and raises the price target from $27 to $31.
October 31, 2024 | 6:08 pm
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POSITIVE IMPACT
TD Cowen analyst Derrick Wood has reiterated a Buy rating for Confluent and increased the price target from $27 to $31, indicating a positive outlook.
The Buy rating and increased price target from a reputable analyst suggest confidence in Confluent's future performance, likely leading to positive investor sentiment and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100