tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cloudflare price target raised to $240 from $220 at Mizuho

Mizuho analyst Gregg Moskowitz raised the firm’s price target on Cloudflare (NET) to $240 from $220 and keeps an Outperform rating on the shares. The company reported strong Q2 results, says the firm, which remains “very bullish” on its artificial intelligence inferencing opportunity. Mizuho has “good confidence” in the multi-year acceleration story at Cloudflare.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1