Stifel downgraded Confluent Inc. from Buy to Hold, trimming the price target due to churn and dips in net revenue retention.
1 report, 1 independent
Updated Aug 2
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What happened
Stifel downgraded Confluent Inc. from Buy to Hold, trimming the price target due to churn and dips in net revenue retention.
Who's involved
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The entities involved
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Confluent Inc.
American multinational technology corporation
Nothing else this week.
Coverage
Newest first; wire copies grouped- GuruFocus.comCloud Headwinds Test Confluent's Recovery Case Confluent (NASDAQ:CFLT) got whacked, dropping over 30% after its Q2 results, and the headlines were led by Stifel pulling the rating to Hold from Buy an