Oppenheimer initiates 'outperform' rating for Confluent (CFLT) with a $37 price target.
Oppenheimer has started covering Confluent (NASDAQ:CFLT) with an 'outperform' rating and a $37.00 price target. MarketBeat reports that CFLT has earned a consensus recommendation of "Moderate Buy" from the twenty-seven ratings firms covering the stock, with an average twelve-month price objective of $33.04. Other firms have also issued buy ratings, including Guggenheim and Canaccord Genuity Group, while JPMorgan Chase & Co. has given a neutral rating.
May 21, 2024
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