Cloudflare resumed with an Outperform at William Blair

William Blair analyst Jonathan Ho resumed coverage of Cloudflare with an Outperform rating and no price target. The analyst believes the company can continue to sustain growth while delivering operating leverage over the long term. Cloudflare is a "disruptive player" in the cybersecurity and content delivery network markets with the potential to benefit from long-term edge computing opportunities, the analyst tells investors in a research note.