Analysts fell to the sidelines weighing in on Cloudflare (NET – Research Report) and DLocal (DLO – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Cloudflare (NET)
J.P. Morgan analyst Mark Murphy maintained a Hold rating on Cloudflare yesterday and set a price target of $90.00. The company’s shares closed last Thursday at $86.71.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $104.65 average price target, which is a 19.3% upside from current levels. In a report issued on April 15, Mizuho Securities also maintained a Hold rating on the stock with a $95.00 price target.
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DLocal (DLO)
Citi analyst Gabriel Gusan maintained a Hold rating on DLocal yesterday and set a price target of $17.00. The company’s shares closed last Thursday at $15.20.
According to TipRanks.com, Gusan is ranked #2407 out of 8781 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DLocal with a $18.13 average price target, which is a 15.8% upside from current levels. In a report issued on April 5, HSBC also maintained a Hold rating on the stock with a $17.00 price target.
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Read More on NET:
- Cloudflare price target lowered to $95 from $105 at Mizuho
- Booz Allen, Cloudfare now delivering rapid incident response
- Cantor Fitzgerald tech equities analysts hold analyst/industry conference call
- Kyndryl Holdings and Cloudflare announce global strategic alliance
- Goldman Sachs exec Stephanie Cohen to join Cloudflare, FT reports
