Barclays Maintains Overweight on Couchbase, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Couchbase (NASDAQ:BASE) but lowers the price target from $23 to $20.
August 18, 2023 | 10:31 am
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Barclays maintains an Overweight rating on Couchbase but lowers the price target from $23 to $20.
The news is directly about Couchbase and is likely to influence investor sentiment. While the Overweight rating is maintained, the lowering of the price target might indicate a potential downside, which could impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100