Cantor Fitzgerald analyst Thomas Blakey raised the firm’s price target on Cloudflare (NET) to $199 from $162 and keeps a Neutral rating on the shares. Cloudflare is well-positioned to benefit from AI with multiple shots on goal from access and latency, to full stack service for secure, AI agent development and related transactions with the ability of offering these services and more on one global network, the analyst tells investors in a research note.
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