BUZZ-Cloudflare shares rise as Q3 revenue beats expectations

November 6 - ** Cloud services company Cloudflare (NET.N) saw its share price surge more than 12% in pre-market trading to $275.20

** The company's third-quarter revenue (link) rose 39% year-on-year to $782.51 million, exceeding the $738.53 million forecast by analysts polled by LSEG

** It expects fourth-quarter revenue to be between $845 million and $846 million

** Of 35 brokerages, 25 rate the stock as "buy" or higher, 7 as "hold", and 3 as "sell" or lower; the median price target is $350 — LSEG data

** As of the previous trading day's close, the stock is up 24% for the year

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