Goldman Sachs Maintains Buy on Braze, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges has reaffirmed a Buy rating on Braze (NASDAQ:BRZE) and increased the price target from $55 to $63, indicating a positive outlook on the company's stock.
December 07, 2023 | 2:29 pm
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Goldman Sachs analyst Gabriela Borges maintains a Buy rating on Braze and raises the price target from $55 to $63, suggesting confidence in the company's growth prospects.
The increase in price target by a reputable analyst like Gabriela Borges from Goldman Sachs typically signals a strong conviction in the company's future performance and growth potential. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100