TD Cowen Maintains Outperform Rating for Braze: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
TD Cowen has maintained its Outperform rating for Braze (NASDAQ:BRZE) and increased its price target from $45.00 to $58.00. Braze's shares are currently trading up 2.43% at $48.80 per share. A move to $58.00 would represent an 18.85% increase from the current share price.
September 08, 2023 | 5:00 pm
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TD Cowen has maintained its Outperform rating for Braze and raised its price target. This could potentially lead to an increase in Braze's stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, TD Cowen's decision to maintain an Outperform rating and raise the price target for Braze suggests a positive outlook for the company, which could potentially lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100