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Cloudflare price target raised to $270 from $250 at Citizens JMP

Citizens JMP raised the firm’s price target on Cloudflare (NET) to $270 from $250 and keeps an Outperform rating on the shares. Cloudflare reported “impressive” Q3 results, the analyst tells investors in a research note. Citizens continues to like Cloudflare as an opportunity for long-term capital appreciation.

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