Scotiabank raised the firm’s price target on Confluent (CFLT) to $27 from $25 and keeps a Sector Perform rating on the shares. Overall, the firm found the company’s Q3 results as “strong” and “encouraging” as consumption trends stabilize, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFLT: