Baird raised the firm’s price target on Cloudflare to $96 from $92 and keeps an Outperform rating on the shares. The firm said they delivered strong results as management maintains a prudent stance with 2024 outlook, despite optimistic tone acknowledging stabilizing macro/demand, but notes caution amidst escalating geopolitics.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NET:
