KeyBanc initiated coverage of Cloudflare (NET) with an Overweight rating and $210 price target The firm cites the company’s breadth of opportunity and the speed with which it is able to develop products in large markets for the bullish rating. Outside of Cloudflare’s valuation, “we do not see many concrete reasons not to be backers,” the analyst tells investors in a research note.
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Read More on NET:
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