Raymond James Maintains Outperform on Braze, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has reaffirmed an Outperform rating on Braze (NASDAQ:BRZE) and increased the price target from $52 to $75.
December 07, 2023 | 12:40 pm
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POSITIVE IMPACT
Raymond James analyst Brian Peterson maintains an Outperform rating on Braze and raises the price target from $52 to $75, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically suggests a strong belief in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100