UBS Maintains Neutral Rating for Braze: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS maintains its Neutral rating for Braze (NASDAQ:BRZE) and raises its price target from $35.00 to $38.00. Shares of Braze are trading up 18.47% over the last 24 hours, at $40.21 per share.
June 09, 2023 | 5:00 pm
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NEUTRAL IMPACT
UBS maintains Neutral rating for Braze and raises price target to $38.00. Shares are trading up 18.47% over the last 24 hours.
UBS has maintained its Neutral rating for Braze, indicating that they do not expect significant price movement in the short term. However, they have raised their price target from $35.00 to $38.00, which could signal a potential upside. The stock has already experienced an 18.47% increase in the last 24 hours, but the new price target suggests a 5.5% decline from the current share price. This mixed signal leads to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100