StockNews.AI
NET
Investopedia
147 days

Cloudflare Stock Jumps as BofA Gives Rare Double Upgrade to 'True AI Winner'

1. Cloudflare received a double upgrade from Bank of America. 2. Analysts project 30% growth by 2028 due to AI and security. 3. Price target increased from $60 to $160, indicating 23% upside. 4. Customers shifting to Cloudflare's AI-as-a-Service from competitors. 5. Record new large customers contributed to strong Q4 results.

3m saved
Insight
Article

FAQ

Why Bullish?

The double upgrade and raised price target suggest strong market confidence, similar to previous upgrades leading to price surges.

How important is it?

The significant upgrade and growth projections directly relate to NET, indicating a strong market response.

Why Long Term?

Sustained growth projections over several years (30% by 2028) indicate long-term impact.

Related Companies

Related News