RBC Upgrades Confluent, Raises Target
This is a Gitlab news story, published by Yahoo Finance, that relates primarily to Matthew Hedberg news.
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Analyst Top StocksTipRanks
•Confluent price target raised to $36 from $33 at RBC Capital
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.
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