Confluent, Inc. (CFLT) Tops Q2 EPS by 1c ; Offers Guidance
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Go back to Confluent, Inc. (CFLT) Tops Q2 EPS by 1c ; Offers Guidance
August 1, 2024 1:45 PM EDT
Citi analyst Tyler Radke lowered the price target on Confluent Inc (NASDAQ: CFLT) to $24.00 (from $28.00) while maintaining a Neutral rating.
The analyst comments "A respectable 3% total revenue beat in the June Q and solid sequential cloud growth was more than offset by... More
August 1, 2024 6:24 AM EDT
RBC Capital analyst Matthew Hedberg lowered the price target on Confluent Inc (NASDAQ: CFLT) to $30.00 (from $35.00) while maintaining a Outperform rating.
The analyst comments "Confluent delivered a good quarter and in-line outlook highlighted by subscription/Cloud growth of +27%/+40%. We thought the quarter was positive,... More
August 1, 2024 5:04 AM EDT
DA Davidson analyst Rudy G. Kessinger lowered the price target on Confluent Inc (NASDAQ: CFLT) to $30.00 (from $37.00) while maintaining a Buy rating.
The analyst comments "CFLT showed strong upside in Q2, with Cloud Rev beating cons. & growing +40% Y/Y. That said, mgmt. called... More
