BUZZ-Cloudflare gets 'outperform' rating as Oppenheimer resumes coverage

Reuters
2025/11/11
BUZZ-<a href="https://laohu8.com/S/NET">Cloudflare</a> gets 'outperform' rating as Oppenheimer resumes coverage

** Oppenheimer resumes coverage on Cloudflare NET.N with an 'outperform' rating; sets PT at $300, reflecting an 28.86% upside on the stock's last close

** Software firm's shares rise up 4.13% at $242.44

** Brokerage feels the company is executing well, growing fast and has a strong product and sales strategy

** "We believe Cloudflare will make more money in the last quarter of 2025 than it has told investors to expect and we think it will grow its yearly revenue by more than 30% on average" - Oppenheimer

** 19 of 35 brokerages rate the stock "buy" or higher, 14 "hold" and two "sell" or lower; their median PT is $256.50 - LSEG

** Including session's move, NET stock up ~124.38% YTD

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))

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