Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight

Seeking Alpha2022-10-18

Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.

Prior to the start of trading, Nowinski raised his rating on Cloudflare's (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).

Those included the fact that Cloudflare's (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.

Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare's (NET) stock. Meanwhile, Seeking Alpha's quant system, which regularly outperforms the stock market, gives Cloudflare's (NET) stock a a rating of hold.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Deonc
2022-10-18
Deonc
Good
JimmySiew
2022-10-18
JimmySiew
Nice
- Tslverde:
  good
OIC
2022-10-18
OIC
Lets go....
- JimmySiew:
  ok
DarkFate
2022-10-18
DarkFate
Like
- cozyli:
  ok

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Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).Those included the fact that Cloudflare's (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare's (NET) stock. 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Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).</p><p>Those included the fact that Cloudflare&#39;s (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.</p><p>Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare&#39;s (NET) stock. Meanwhile, Seeking Alpha&#39;s quant system, which regularly outperforms the stock market, gives Cloudflare&#39;s (NET) stock a a rating of hold.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of ...</p>\n\n<a href=\"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276134515","content_text":"Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of trading, Nowinski raised his rating on Cloudflare's (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).Those included the fact that Cloudflare's (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare's (NET) stock. Meanwhile, Seeking Alpha's quant system, which regularly outperforms the stock market, gives Cloudflare's (NET) stock a a rating of hold.","news_type":1,"symbols_score_info":{"NET":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104393470,"gmtCreate":1666063248136,"gmtModify":1666063251678,"authorId":3556329315079497,"author":{"id":3556329315079497,"idStr":"3556329315079497","authorId":3556329315079497,"name":"Tslverde","avatar":"https://static.tigerbbs.com/5f52f5991ed363792008cd868f78181c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989466276,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"}],"langContent":"EN"},{"id":9989486868,"gmtCreate":1666060405854,"gmtModify":1676537699236,"author":{"id":"4116193770863092","authorId":"4116193770863092","name":"OIC","avatar":"https://community-static.tradeup.com/news/ca1f4c6cf47cd2869271bab2f879bac6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4116193770863092","idStr":"4116193770863092"},"htmlText":"Lets go....","listText":"Lets go....","text":"Lets go....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989486868","repostId":2276134515,"repostType":2,"repost":{"id":"2276134515","kind":"highlight","pubTimestamp":1666059957,"share":"https://ttm.financial/m/news/2276134515?lang=&edition=fundamental","pubTime":"2022-10-18 10:25","market":"us","language":"en","title":"Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight","url":"https://stock-news.laohu8.com/highlight/detail?id=2276134515","media":"Seeking Alpha","summary":"Cloudflare started the week on fire as the network security technology company's shares climbed more","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> started the week on fire as the network security technology company&#39;s shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.</p><p>Prior to the start of trading, Nowinski raised his rating on Cloudflare&#39;s (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).</p><p>Those included the fact that Cloudflare&#39;s (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.</p><p>Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare&#39;s (NET) stock. Meanwhile, Seeking Alpha&#39;s quant system, which regularly outperforms the stock market, gives Cloudflare&#39;s (NET) stock a a rating of hold.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of ...</p>\n\n<a href=\"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276134515","content_text":"Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of trading, Nowinski raised his rating on Cloudflare's (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).Those included the fact that Cloudflare's (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare's (NET) stock. Meanwhile, Seeking Alpha's quant system, which regularly outperforms the stock market, gives Cloudflare's (NET) stock a a rating of hold.","news_type":1,"symbols_score_info":{"NET":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104393103,"gmtCreate":1666062137263,"gmtModify":1666062140448,"authorId":3578176602660058,"author":{"id":3578176602660058,"idStr":"3578176602660058","authorId":3578176602660058,"name":"JimmySiew","avatar":"https://static.tigerbbs.com/865217a1248da3f0d11fd05e9280c2a7","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9989486868,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9989488555,"gmtCreate":1666060149777,"gmtModify":1676537699213,"author":{"id":"4097476142152970","authorId":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4097476142152970","idStr":"4097476142152970"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989488555","repostId":2276134515,"repostType":4,"repost":{"id":"2276134515","kind":"highlight","pubTimestamp":1666059957,"share":"https://ttm.financial/m/news/2276134515?lang=&edition=fundamental","pubTime":"2022-10-18 10:25","market":"us","language":"en","title":"Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight","url":"https://stock-news.laohu8.com/highlight/detail?id=2276134515","media":"Seeking Alpha","summary":"Cloudflare started the week on fire as the network security technology company's shares climbed more","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> started the week on fire as the network security technology company&#39;s shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.</p><p>Prior to the start of trading, Nowinski raised his rating on Cloudflare&#39;s (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).</p><p>Those included the fact that Cloudflare&#39;s (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.</p><p>Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare&#39;s (NET) stock. Meanwhile, Seeking Alpha&#39;s quant system, which regularly outperforms the stock market, gives Cloudflare&#39;s (NET) stock a a rating of hold.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCloudflare Shares Rise 13% After Wells Fargo Upgrade to Overweight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of ...</p>\n\n<a href=\"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/news/3892019-why-did-cloudflare-shares-rise-13-on-monday-a-new-upbeat-view-from-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276134515","content_text":"Cloudflare started the week on fire as the network security technology company's shares climbed more than 13% following upbeat comments from Wells Fargo analyst Andrew Nowinski.Prior to the start of trading, Nowinski raised his rating on Cloudflare's (NET) stock to overweight from equal weight, and lifted his price target to $65 a share from $62. Nowinski said that he made the moves based on a series factors that are beneficial to Cloudflare (NET).Those included the fact that Cloudflare's (NET) stock has shed 65% of its value this year, and consolidation taking place in the cloud-security industry. Nowinski also noted that there is market evidence that Cloudflare (NET) has benefitted from a rise in demand during the third quarter of the year.Wall Street analysts and Seeking Alpha authors both have consensus buy ratings on Cloudflare's (NET) stock. 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