Stifel analyst initiates coverage on Confluent with Buy rating and $40 price target. Confluent well positioned for growth in data streaming market with cloud services and upcoming Flink product. Expect 20%+ growth and margin expansion in coming years.
Confluent: Revenge Of The Bulls, Reiterating Long-Term Buy (NASDAQ:CFLT) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.