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 $50.00 to $54.00. Braze's shares are currently trading up 2.43% at $48.80 per share. A move to $54.00 would represent a 10.66% increase from the current share price.
September 08, 2023 | 5:03 pm
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BTIG has maintained its Buy rating for Braze and raised its price target, indicating a positive outlook for the company. The shares are currently trading up and a move to the new target would represent a significant increase.
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 lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100