Morgan Stanley Maintains Equal-Weight on Couchbase, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh has maintained an Equal-Weight rating on Couchbase (NASDAQ:BASE) and increased the price target from $20 to $21.
December 07, 2023 | 12:57 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Couchbase and raised the price target to $21, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Couchbase's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100