Bernstein downgraded Confluent (CFLT) to Market-Perform from Outperform, citing a fair acquisition by IBM (IBM). The firm has a $31 price target on Confluent's stock. Analysts led by Peter Weed said ...
ARMONK, N.Y. and MOUNTAIN VIEW, Calif., Dec. 8, 2025 — IBM (NYSE: IBM) and data streaming company Confluent today announced they have entered into an agreement under which IBM will acquire all of the ...