Hikes Piper Sandler Cloudflare Price Target to $250 Despite 15% After-hours Drop: Buy the Dip?
Quick Read - Cloudflare (NET) posted Q1 FY2026 revenue of $639.75M, up 34% YoY and beating consensus, with non-GAAP EPS of $0.25 exceeding the $0.23 estimate, and Piper Sandler raised its price target to $250 from $222. - Cloudflare’s restructuring announcement and workforce...</