RBC Raises Cloudflare Price Target to $346.00 Amid Analyst Revisions
Royal Bank of Canada has increased its price target for Cloudflare (NYSE:NET) to $346.00, indicating a potential upside of 16.27% from the company's current price.
This move comes after several other analysts have revised their estimates and targets for Cloudflare in recent weeks.
Truist Financial lifted its target price on Cloudflare from $300.00 to $350.00, while Susquehanna boosted its estimate from $190.00 to $200.00.