JMP Securities Maintains Market Outperform on Braze, Raises Price Target to $56
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Braze (NASDAQ:BRZE) and raises the price target from $46 to $56.
September 08, 2023 | 4:52 pm
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POSITIVE IMPACT
Braze's price target has been raised from $46 to $56 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Braze from $46 to $56 while maintaining a Market Outperform rating is likely to have a positive impact on the stock. Investors may interpret this as a sign of confidence in the company's future performance, potentially leading to increased demand for the stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100