Upgrades Neutral Buy X

CFLT Confluent

UBS

$34 $38

Downgrades Overweight Eq-Weight X

CFLT Confluent

Morgan Stanley

$33 $30

Initiated Neutral X

CFLT Confluent

Robert W. Baird

$23

Upgrades Neutral Overweight X

CFLT Confluent

JP Morgan

$25

Initiated Outperform X

CFLT Confluent

Evercore ISI

$35

Initiated Outperform X

CFLT Confluent

Oppenheimer

$37

Upgrades Hold Buy X

CFLT Confluent

Canaccord Genuity

$35

Initiated Buy X

CFLT Confluent

Stifel

$40

Initiated Hold X

CFLT Confluent

Loop Capital

$23

Initiated Outperform X

CFLT Confluent

Bernstein

$34

Initiated Outperform X

CFLT Confluent

RBC Capital Mkts

$22

Upgrades Neutral Buy X

CFLT Confluent

Guggenheim

$23

Upgrades Peer Perform Outperform X

CFLT Confluent

Wolfe Research

$21

Downgrades Neutral Underperform X

CFLT Confluent

BofA Securities

$38 $24

Downgrades Buy Hold X

CFLT Confluent

Canaccord Genuity

$26

Initiated Equal Weight X

CFLT Confluent

CapitalOne

$35

Initiated Buy X

CFLT Confluent

Canaccord Genuity

$40

Initiated Peer Perform X

CFLT Confluent

Wolfe Research

Downgrades Buy Neutral X

CFLT Confluent

Guggenheim

Initiated Buy X

CFLT Confluent

Needham

$35

Upgrades Eq-Weight Overweight X

CFLT Confluent

Morgan Stanley

$29 $30

Initiated Buy X

CFLT Confluent

Mizuho

$28

Initiated Outperform X

CFLT Confluent

MoffettNathanson

$36

Initiated Buy X

CFLT Confluent

Guggenheim

$29

Downgrades Buy Neutral X

CFLT Confluent

UBS

$27 $24

Upgrades Hold Buy X

CFLT Confluent

Deutsche Bank

$32 $28

Initiated Outperform X

CFLT Confluent

FBN Securities

$30

Upgrades Eq Weight Overweight X

CFLT Confluent

Barclays

$27 $24

Downgrades Sec Outperform Sec Perform X

CFLT Confluent

Scotiabank

$21

Initiated Buy X

CFLT Confluent

Truist

$35

Initiated Sector Outperform X

CFLT Confluent

Scotiabank

$27

CFLT  Confluent, Inc.

Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of real-time data without bypassing requirements for risk management and regulatory compliance. In addition, it also offers training and professional services. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.