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Financial firms lower Confluent's stock price targets despite its strong quarterly earnings.
Barclays, Truist Financial, and Robert W. Baird have lowered their price targets for Confluent stock, though maintaining mostly positive ratings.
Despite recent insider selling and negative financial metrics, Confluent reported higher-than-expected earnings and revenue in its latest quarter.
The company, which provides a data streaming platform, has a market cap of $6.62 billion.
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Las firmas financieras bajan los objetivos de precios de las acciones de Confluent a pesar de sus fuertes ganancias trimestrales.