UBS Maintains Neutral on Braze, Raises Price Target to $51
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Taylor McGinnis maintains a Neutral rating on Braze (NASDAQ:BRZE) and raises the price target from $44 to $51.
September 08, 2023 | 2:19 pm
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POSITIVE IMPACT
UBS maintains a Neutral rating on Braze and raises the price target from $44 to $51. This could potentially attract investors, leading to a short-term increase in the stock price.
The raised price target by UBS indicates a positive outlook for Braze. This could potentially attract investors, leading to a short-term increase in the stock price. However, the Neutral rating suggests that the stock is fairly valued at present, which might limit the upside potential.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100