Evercore ISI raised the firm’s price target on Confluent (CFLT) to $28 from $23 and keeps an Outperform rating on the shares. Driven by strong subscription revenue and an improved full-year outlook, Confluent’s latest quarter exceeded expectations, the analyst tells investors.
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Read More on CFLT:
- Confluent price target raised to $30 from $25 at Raymond James
- Confluent price target raised to $29 from $27 at DA Davidson
- Confluent price target raised to $24 from $20 at BofA
- Confluent’s Strong Q3 Performance and Strategic Growth Justify Buy Rating
- Confluent price target raised to $29 from $26 at Oppenheimer