Confluent Stock Has 26% Upside, According to 1 Wall Street Analyst

The cloud software company is facing challenges, but Mizuho remains optimistic.Analysts at Mizuho have become a bit less optimistic about Confluent (CFLT 0.80%). On Monday, they lowered their price target on the data streaming company's shares from $38 to$36. However, that new target still represents a potential upside of 26% from the current price, and Mizuho maintained its buy rating on the stock.A mixed bagConfluent specializes in helping enterprises handle complex data streaming workloads using Apache ...