Yahoo Finance

Scotiabank lowered the firm’s price target on Confluent (CFLT) to $24 from $35 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds.

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• Confluent price target lowered to $22 from $30 at Loop Capital

• Confluent price target lowered to $29 from $37 at Barclays

• Confluent price target lowered to $25 from $32 at Morgan Stanley

• Confluent price target lowered to $34 from $41 at TD Cowen

• Confluent price target lowered to $30 from $38 at Mizuho