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Major Firm Rating | Stifel: Upgrades Cloudflare's Target Price to $136, rating raised to "Buy".
On December 17, 2023, Stifel raised Cloudflare's Target Price from $95 to $136 and upgraded its rating from "Hold" to "Buy." The firm stated that in the coming years, Cloudflare will maintain a year-on-year growth rate of at least 25-30% and improve its profitability.
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Stifel Maintains Cloudflare(NET.US) With Buy Rating, Maintains Target Price $136
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Express News | Cloudflare: In 2024, Global Internet traffic increased by 17.2% year-on-year, with the USA remaining a major source of Bot traffic.
Stifel Upgrades Cloudflare(NET.US) to Buy Rating, Raises Target Price to $136
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Cloudflare Is Maintained at Neutral by Mizuho