Confluent, Inc. (NASDAQ:CFLT) is Hot AI Stocks on Wall Street’s Radar. On December 9, Bernstein reiterated an “Outperform” rating on the stock with a $31.00 price target. The rating affirmation follows IBM’s announcement to acquire the company for$11 billion. IBM announced Monday that it is acquiring data streaming platform Confluent. According to the release, the company will pay $31 per share in cash for all of the issued and outstanding common shares of Confluent. In this regard, Bernstein commented ...