Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Confluent Was Bouncing Back Strong Today

TheMotleyFool

0 0

Why Confluent Was Bouncing Back Strong TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png

Shares of Confluent (NASDAQ: CFLT), a data streaming and processing software company, were up nearly 9.6% in Tuesday trading.

The software company, which is built on top of open-source big data software framework Kafka, and which helps businesses connect and process data across clouds and private data centers, had sold off hard following its third-quarter earnings report back in October.

However, it appears at least one Wall Street analyst thinks that sell-off is overdone, and initiated coverage on Confluent today with an outperform rating and a $34 price target, well above the stock's $18.71 price at the close of trading yesterday.

Source Fool.com

Like: 0

CFLT

Teilen