Confluent, Inc. (CFLT) Tops Q1 EPS by 3c; offers outlook

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Confluent Inc (CFLT) PT Raised to $40 at RBC Capital

May 8, 2024 6:23 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $37.00) while maintaining a Outperform rating.

The analyst comments "Confluent delivered strong Q1/24 results relative to expectations highlighted by a 2.6% revenue beat as management increased the... More