Confluent crashes 33% on soft Q4 sales forecast; Triggers analyst downgrades

Confluent Inc (CFLT) PT Lowered to $27 at TD Cowen

TD Cowen analyst J. Derrick Wood lowered the price target on Confluent Inc (NASDAQ: CFLT) to $27.00 (from $38.00) while maintaining a Outperform rating.... More

Confluent Inc (CFLT) PT Lowered to $23 at Needham & Company

Needham & Company analyst Mike Cikos lowered the price target on Confluent Inc (NASDAQ: CFLT) to $23.00 (from $45.00) while maintaining a Buy rating.... More

Canaccord Genuity Downgrades Confluent Inc (CFLT) to Hold

Canaccord Genuity analyst Kingsley Crane downgraded Confluent Inc (NASDAQ: CFLT) from Buy to Hold with a price target of $26.00.

For an analyst ratings summary and ratings history on Confluent Inc click here. For more ratings news on Confluent Inc click here.

Shares of Confluent Inc closed at $28.13 yesterday.

Confluent Inc (CFLT) PT Lowered to $19 at Scotiabank

Scotiabank analyst Nick Altmann lowered the price target on Confluent Inc (NASDAQ: CFLT) to $19.00 (from $30.00) while maintaining a Sector Perform rating.... More

Confluent Inc (CFLT) PT Lowered to $27 at Mizuho Securities

Mizuho Securities analyst Gregg Moskowitz lowered the price target on Confluent Inc (NASDAQ: CFLT) to $27.00 (from $40.00) while maintaining a Buy rating.... More

Confluent Inc (CFLT) PT Lowered to $30 at Piper Sandler

Piper Sandler analyst Rob Owen lowered the price target on Confluent Inc (NASDAQ: CFLT) to $30.00 (from $40.00) while maintaining a Overweight rating.... More

Confluent Inc (CFLT) PT Lowered to $27 at Truist Securities

Truist Securities analyst Miller Jump lowered the price target on Confluent Inc (NASDAQ: CFLT) to $27.00 (from $42.00) while maintaining a Buy rating.... More

BofA Securities Downgrades Confluent Inc (CFLT) to Underperform

(Updated - November 2, 2023 6:36 AM EDT)

BofA Securities analyst Brad Sills downgraded Confluent Inc (NASDAQ: CFLT) from Neutral to Underperform with a price target of $24.00 (from $38.00).

The analyst comments "Confluent reported disappointing RPO (decelerating to 24% from 34%) and F4Q23 outlook, from incremental macro... More

Confluent Inc (CFLT) PT Lowered to $20 at JPMorgan

JPMorgan analyst Pinjalim Bora lowered the price target on Confluent Inc (NASDAQ: CFLT) to $20.00 (from $30.00) while maintaining a Neutral rating.... More

Confluent Inc (CFLT) PT Lowered to $24 at DA Davidson

DA Davidson analyst Rudy G. Kessinger lowered the price target on Confluent Inc (NASDAQ: CFLT) to $24.00 (from $42.00) while maintaining a Buy rating.... More