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Shares of Cloudflare Inc. Exceed 52-Week High

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Cloudflare Inc. (NYSE: NET) traded at a new 52-week high today of $139.86. So far today approximately 826,000 shares have been exchanged, as compared to an average 30-day volume of 3.4 million shares.

Based on a current price of $139.55, Cloudflare Inc. is currently 12.8% above its average consensus analyst price target of $121.72.

Cloudflare Inc. is a United States-based company engaged in the software business. It has built a cloud platform that delivers a range of network services to businesses. The product offerings of the company include Argo Smart Routing, Load Balancing, Web Optimizations, Mobile Software Development Kit, Cloudflare Access, and Cloudflare Spectrum among others.

In the past 52 weeks, Cloudflare Inc. share prices are bracketed by a low of $42.60 and a high of $139.86 and are now at $139.55, 228% above that low price.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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