Morgan Stanley Maintains Equal-Weight on Couchbase, Raises Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Sanjit Singh maintains an Equal-Weight rating on Couchbase (NASDAQ:BASE) and raises the price target from $19 to $20.

June 07, 2023 | 3:33 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Couchbase (NASDAQ:BASE) and raises the price target from $19 to $20.
The news of Morgan Stanley maintaining an Equal-Weight rating on Couchbase and raising the price target from $19 to $20 indicates that the analyst sees potential in the stock but does not expect significant outperformance in the short term. This may not have a strong impact on the stock price in the short term, but it could provide some support for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100