Morgan Stanley Lifts PT on Cloudflare (NET)

1 hour ago 1

Noor Ul Ain Rehman

Tue, June 9, 2026 astatine 11:43 AM CDT 2 min read

Cloudflare, Inc. (NYSE:NET) is 1 of the champion NYSE stocks to bargain for semipermanent investment. Morgan Stanley lifted the terms people connected Cloudflare, Inc. (NYSE:NET) to $305 from $245 connected June 4 and maintained an Overweight standing connected the shares. The standing update came up of the company’s capitalist time connected June 9, with the steadfast stating that it anticipates accrued clarity connected the semipermanent borderline framework, a deeper look astatine Edge AI and the Agentic Web, and incremental disclosure connected level adoption and Pool of Funds. Morgan Stanley added that it sees each of this reinforcing the company’s “competitive moat and monetization opportunity”.

Was Jim Cramer Right About Cloudflare, Inc. (NET)?

A close-up of a server array powering a cloud-services system.

In different development, Cloudflare, Inc. (NYSE:NET) announced connected June 4 the acquisition of VoidZero, which is the open-source-first institution down the next-generation JavaScript tooling ecosystem Vite. Management stated that the acquisition would unify VoidZero’s high-performance tooling natively into the Cloudflare ecosystem, and this includes the former’s Vite physique tool, Vitest trial runner, Rust-based Rolldown bundler, and Oxc toolchain.

Cloudflare, Inc. (NYSE:NET) provides cloud-based services to unafraid websites and offers a assortment of products for video streaming and delivery, show and reliability, insights, precocious security, domain registration, Cloudflare for developers, and Cloudflare marketplace. The company’s operations are divided into the United States and the Rest of the World geographical segments.

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