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Cloudflare (NET) Receives a Hold from Mizuho Securities

Mizuho Securities analyst Gregg Moskowitz maintained a Hold rating on Cloudflare (NETResearch Report) on April 11 and set a price target of $135.00. The company’s shares closed last Thursday at $113.98.

According to TipRanks.com, Moskowitz is a top 100 analyst with an average return of 22.4% and a 67.5% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $150.29 average price target.

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The company has a one-year high of $221.64 and a one-year low of $64.84. Currently, Cloudflare has an average volume of 5.78M.

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Founded in 2009 and headquartered in California, Cloudflare, Inc. is a web infrastructure and website security company. The company operates a cloud platform and provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices.

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