Braze shares are trading higher after Barclays reiterated an Overweight rating on the stock and raised its price target from $45 to $50.
Portfolio Pulse from Benzinga Newsdesk
Barclays reiterated an Overweight rating on Braze shares and raised its price target from $45 to $50, causing the stock to trade higher.
June 12, 2023 | 3:38 pm
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Braze shares trade higher as Barclays raises price target from $45 to $50 and maintains Overweight rating.
The article states that Barclays has reiterated an Overweight rating on Braze shares and raised its price target from $45 to $50. This positive outlook from a major financial institution is likely to boost investor confidence in the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100