Guggenheim downgraded Confluent (CFLT) to Neutral from Buy after the company agreed to be acquired by IBM (IBM) for $31 per share.
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Read More on CFLT:
- Synopsys upgraded, Warner Bros. downgraded: Wall Street’s top analyst calls
- Confluent price target raised to $31 from $26 at Baird
- Confluent price target raised to $31 from $26 at Citi
- IBM price target raised to $325 at Stifel after ‘solid deal’
- Confluent downgraded to Market Perform from Outperform at Raymond James