Barclays Maintains Overweight on Couchbase, Raises Price Target to $23
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Raimo Lenschow maintains an Overweight rating on Couchbase (NASDAQ:BASE) and raises the price target from $19 to $23.

June 07, 2023 | 10:21 am
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POSITIVE IMPACT
Barclays analyst Raimo Lenschow maintains an Overweight rating on Couchbase and raises the price target from $19 to $23.
The news of Barclays maintaining an Overweight rating on Couchbase and raising the price target from $19 to $23 is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may lead to increased investor confidence and demand for the stock, potentially driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100