Confluent Stock Has 26% Upside, According to 1 Wall Street Analyst
CFLTConfluent(CFLT) The Motley Fool·2024-04-16 00:06

The cloud software company is facing challenges, but Mizuho remains optimistic. Analysts at Mizuho have become a bit less optimistic about Confluent (CFLT 0.80%). On Monday, they lowered their price target on the data streaming company's shares from 38to38 to 36. However, that new target still represents a potential upside of 26% from the current price, and Mizuho maintained its buy rating on the stock. A mixed bag Confluent specializes in helping enterprises handle complex data streaming workloads using Apac ...