Confluent Unveils New Capabilities to Apache Flink Offering to Simplify AI and Bring Stream Processing to Workloads Everywhere

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Confluent Inc (CFLT) PT Lowered to $32 at Citi

May 6, 2024 5:46 AM EDT

Citi analyst Tyler Radke lowered the price target on Confluent Inc (NASDAQ: CFLT) to $32.00 (from $33.00) while maintaining a Neutral rating.

The analyst comments "Following an improved Q4, where stock outperformed (+16%vs IGV-8%), we are looking for a more mixed Q1, given SMB choppiness... More