Cloudflare (NET) Increases Yet Falls Behind Market: What Investors Need to Know

Shares of the web security and content delivery company have depreciated by 4.58% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.32% and lagging the S&P 500's loss of 1.16%. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business per ...