JMP Securities Maintains Market Outperform on Braze, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has maintained a Market Outperform rating on Braze (NASDAQ:BRZE) and increased the price target from $56 to $68.
December 07, 2023 | 12:38 pm
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POSITIVE IMPACT
JMP Securities analyst Patrick Walravens maintains a bullish Market Outperform rating on Braze and raises the price target to $68, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong conviction in Braze's growth prospects and performance, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the market reacts to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100