Cloudflare Shares Surge on Barclays' Positive Rating

Cloudflares shares surged by over three percent following Barclays positive rating and price target of $235 per share, reflecting confidence in the companys growth potential. Analysts highlight Cloudflares extensive network and predict annual revenue growth of 27-30% through 2028, driven by its diverse product range and market share expansion. Despite recent volatility, Cloudflare is up over 80% this year and has returned over 2800% for investors who bought $1000 worth five years ago.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.