
Stifel Nicolaus Forecasts Strong Price Appreciation for Cloudflare (NYSE:NET) Stock

I'm PortAI, I can summarize articles.
Stifel Nicolaus has raised its price target for Cloudflare (NYSE:NET) from $175 to $230, maintaining a "buy" rating. This suggests a potential upside of 12.20% from the current price. Other analysts have varied opinions, with some lowering their targets while others have increased them. The stock recently traded at $204.99, with a market cap of $71.05 billion. Cloudflare reported a quarterly EPS of $0.21, exceeding estimates, and a revenue increase of 27.8% year-over-year. Insider sales have occurred, with significant shares sold by the CEO and CFO.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

