BTIG Maintains Buy Rating for Braze: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BTIG has maintained its Buy rating for Braze (NASDAQ:BRZE) and increased its price target from $43.00 to $50.00. Braze's shares are currently trading up 1.62% over the last 24 hours, at $45.48 per share. A move to $50.00 would account for a 9.95% increase from the current share price.
August 31, 2023 | 5:00 pm
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BTIG has maintained its Buy rating for Braze and raised its price target, which could potentially lead to a positive impact on the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, BTIG's decision to maintain a Buy rating and raise the price target for Braze indicates a positive outlook for the company, which could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100