Piper Sandler Maintains Overweight Rating for Braze: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Piper Sandler has maintained its Overweight rating for Braze (NASDAQ:BRZE) and increased its price target from $45.00 to $57.00. Braze shares are currently trading up 2.43% at $48.80 per share. A move to $57.00 would represent a 16.8% increase from the current share price.
September 08, 2023 | 5:00 pm
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Piper Sandler has maintained its Overweight rating for Braze and raised its price target, indicating a positive outlook for the company's stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Piper Sandler's decision to maintain an Overweight rating and raise the price target for Braze suggests a positive outlook for the company's stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100