Susquehanna lowered the firm’s price target on Cloudflare (NET) to $190 from $260 and keeps a Neutral rating on the shares. The firm said they reported a solid 4Q, with top-line growth continuing to accelerate and management again calling out strength with large customers. Additionally, the company highlighted positive traction with some of its AI-related offerings and believes it is well positioned to be a leader for the agentic web.
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