RBC Capital Maintains Outperform on Confluent, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Confluent (NASDAQ:CFLT) and raised the price target from $26 to $33.
October 31, 2024 | 7:37 pm
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RBC Capital has reaffirmed its Outperform rating on Confluent and increased the price target from $26 to $33, indicating a positive outlook.
The increase in price target from $26 to $33 by RBC Capital suggests a positive outlook for Confluent, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100