Cloudflare assumed with a Hold at Jefferies
Jefferies analyst Joseph Gallo assumed coverage of Cloudflare (NET) with a Hold rating and price target of 225. The company in Q3 reported “impressive” revenue acceleration at scale and upped its 2025 revenue outlook by more than the beat, the analyst tells investors in a research note. Jefferies cites the stock’s “premium” valuation for the Hold rating. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expe ...