Mizuho analyst Gregg Moskowitz raised the firm’s price target on Cloudflare (NET) to $160 from $130 and keeps a Neutral rating on the shares. The company reported a good Q4 with a conservative fiscal 2025 outlook, the analyst tells investors in a research note. The firm says Cloudflare saw measurable improvement in deal closure rates and achieved a double-digit year-over-year increase in sales productivity for the fifth consecutive quarter. However, the stock carries a particularly high valuation, contends Mizuho.
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