JMP Securities Initiates Coverage On Sprinklr, Confluent With Outperform Rating, Sees Double-Digit Upsides

July 19, 2021 5:45 AM | 1 min read | Make a Comment

JMP Securities analyst Patrick Walravens initiated coverage of Sprinklr Inc CXM with an Outperform rating and a $27 price target, implying a 41.5% upside potential.
Walravens views the company as an attractive opportunity for long-term capital appreciation. The company is pursuing a significant market opportunity estimated at $51 billion and is poised to benefit from the world's continued digital shift.
Walravens initiated coverage of Confluent Inc CFLT with an Outperform rating and $49 price target, implying a 21.3% upside.
Confluent has pioneered a new category, data in motion, in the large and growing data infrastructure market, Walravens stated. He sees the company's technology as differentiated.

Posted In: News Price Target Initiation Analyst Ratings Tech Media Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.