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Wajeeh Khan

This Analyst Just Upgraded Cloudflare (NET) Stock. Here's Why.

Cloudflare NET Patrick Colville Scotiabank United States Shares

Scotiabank analyst Patrick Colville upgraded Cloudflare (NET) shares on July 7 to “Outperform,” and raised his price target to $300, representing about a 20% upside from their previous close.

The bullish research report triggered a significant rally in Cloudflare stock that closed roughly 9% higher.

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