Piper Sandler Upgrades Cloudflare to Overweight, Maintains $222 Price Target
Piper Sandler analyst James Fish upgraded Cloudflare Inc (NYSE: NET) from Neutral to Overweight while maintaining a $222 price target. Cloudflare shares closed at $178.65 on Tuesday. Separately, Cantor Fitzgerald analyst Pete Stavropoulos upgraded Alector Inc.
Photo: Roberto Júnior / UnsplashAnalyst Upgrades for Cloudflare and Alector Piper Sandler analyst James Fish upgraded Cloudflare Inc (NYSE: NET) from Neutral to Overweight.
Fish maintained the price target of $222 for Cloudflare Inc (NYSE: NET). 65 on Tuesday. Cantor Fitzgerald analyst Pete Stavropoulos upgraded Alector Inc. Benzinga reported the upgrades.
Details on Cloudflare Rating Change The upgrade by James Fish applies to Cloudflare Inc (NYSE: NET).
The previous rating was Neutral. The maintained price target stands at $222. 65 on Tuesday. This closing price reflects the stock's value at the end of that session.
Alector Upgrade Overview Pete Stavropoulos from Cantor Fitzgerald issued the upgrade for Alector Inc.
No further details on the previous rating or new target were specified in the report. Benzinga reported the analyst actions for both companies. The upgrades occurred as part of ongoing coverage by the firms.
Story Timeline
3 events- 2026-04-15
Piper Sandler analyst James Fish upgraded Cloudflare Inc (NYSE: NET) from Neutral to Overweight and maintained $222 price target
1 sourceBenzinga - 2026-04-15
Cloudflare Inc (NYSE: NET) shares closed at $178.65
1 sourceunattributed - 2026-04-15
Cantor Fitzgerald analyst Pete Stavropoulos upgraded Alector Inc
1 sourceBenzinga
Potential Impact
- 01
Potential increase in investor interest for Cloudflare Inc (NYSE: NET) following the Overweight rating
- 02
Heightened attention to Alector Inc after Cantor Fitzgerald upgrade
- 03
Stock price of Cloudflare Inc (NYSE: NET) may approach the $222 target if market conditions align
- 04
Broader market coverage of biotech and tech sectors influenced by analyst reports
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