Cloudflare Stock Gets a Double Upgrade. Why It’s the Next Leader in AI-as-a-Service. - Barron's
1. BofA upgraded Cloudflare stock to Buy from Underperform. 2. Price target raised to $160 from $60 by analysts. 3. Cloudflare is positioned to lead in AI-as-a-service sector. 4. Strengthening market share in network security solutions noted. 5. Risks include revenue target challenges and AI market growth timing.