🟢 NET is trading 4.8% up today after Scotiabank upgrade and $300 price target hike

NET is trading 4.8% up at $259.44 following a bullish analyst upgrade from Scotiabank.

• Scotiabank raised its rating on Cloudflare from Sector Perform to Outperform.
• The firm lifted its price target from $225 to $300, signaling increased confidence in the company’s outlook.
• The upgrade is driving strong buying interest despite a mixed broader market backdrop.