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Confluent price target raised to $36 from $33 at RBC Capital

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Summary
Nutrition label

87% Informative

RBC Capital analyst Matthew Hedberg raised the firm’s price target on Confluent ( CFLT ) to $ 36 from $ 33 .

The firm believes 2025 is likely another good year for software as the group “could benefit from multiple catalysts” Adobe (ADBE), Microsoft ( MSFT ), and Snowflake ( SNOW ) in large-cap, Gitlab (GTLB) and Guidewire Software (GWRE) in mid-cap.

VR Score

84

Informative language

81

Neutral language

70

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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