Cloudflare offers 'one of the most compelling secular stories', MS upgrades

By Yahoo! Finance   |   1 year ago
Cloudflare offers 'one of the most compelling secular stories', MS upgrades

Morgan Stanley analysts upgraded Cloudflare's stock to Overweight with a price target of $130, citing strong revenue growth potential driven by Edge AI and product cycles. Cloudflare's strategic position in Security and AI/Machine Learning markets is expected to drive long-term revenue growth and market share capture.

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