Raymond James analyst Mark Cash raised the firm’s price target on Confluent (CFLT) to $30 from $25 and keeps an Outperform rating on the shares. Confluent reported Q3 results and guidance ahead of the firm’s view, marking a strong step toward regaining confidence following a disappointing quarter just 90 days ago, the analyst tells investors in a research note.
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Read More on CFLT:
- Confluent price target raised to $29 from $27 at DA Davidson
- Confluent price target raised to $24 from $20 at BofA
- Confluent’s Strong Q3 Performance and Strategic Growth Justify Buy Rating
- Confluent price target raised to $29 from $26 at Oppenheimer
- Confluent price target raised to $26 from $20 at Baird