Jefferies keeps Cloudflare at Hold and cuts price target to $315
Jefferies kept its Hold rating on Cloudflare and lowered its target from $320 to $315. The data was published by TradingView, citing Benzinga.
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what happened
Jefferies analysts maintained their Hold rating on Cloudflare shares but reduced the price target from $320 to $315, a decline of about 1.6%. According to TradingView, the new target implies a 17.2% upside from the November 6 close of $268.75.
The report also lists recent analyst actions over the past 30 days. The five latest notes from JP Morgan, Scotiabank, RBC Capital, Wolfe Research and Keybanc set price targets between $350 and $375. Wolfe Research upgraded the stock to Outperform during this period.
why it matters
The Jefferies cut is small, but compared with other brokers it looks more cautious, since the other targets sit well above the current share price. For investors, such revisions are usually a signal of sentiment around the stock rather than a standalone market event.
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- Jefferies maintains Cloudflare at Hold, lowers price target to $315 from $320 — TradingView, 7 November 2026 at 00:27 UTC
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