TipRanks(@TipRanks):🔼JPMorgan upgrades Cloudflare $NET to Overweight on valuation after selloff JPMorgan analyst Samik Chatterjee upgraded Cloudflare to Overweight from Neutral with an unchanged price target of $350. The firm cites valuation for the upgrade following the stock's 20% pullback over the past month. Cloudflare remains well positioned to benefit from the scaling of Act I and Act II with existing customers and the pace of wins for Workers amid traction from developers, the analyst tells investors in a research note. JPMorgan believes Cloudflare can accelerate revenue growth in the medium term to 35%-plus. According to TipRanks, JPMorgan has a 5-star analyst on Cloudflare

2026.11.03 11:10

🔼JPMorgan upgrades Cloudflare $NET to Overweight on valuation after selloff JPMorgan analyst Samik Chatterjee upgraded Cloudflare to Overweight from Neutral with an unchanged price target of $350. The firm cites valuation for the upgrade following the stock's 20% pullback over the past month. Cloudflare remains well positioned to benefit from the scaling of Act I and Act II with existing customers and the pace of wins for Workers amid traction from developers, the analyst tells investors in a research note. JPMorgan believes Cloudflare can accelerate revenue growth in the medium term to 35%-plus. According to TipRanks, JPMorgan has a 5-star analyst on Cloudflare