Canaccord Genuity Maintains Buy on Braze, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes has reaffirmed a Buy rating on Braze (NASDAQ:BRZE) and increased the price target from $55 to $70, indicating a positive outlook on the company's stock.
December 07, 2023 | 3:34 pm
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Canaccord Genuity analyst David Hynes maintains a Buy rating on Braze and raises the price target from $55 to $70, suggesting confidence in the company's future performance.
The increase in price target by Canaccord Genuity reflects a positive assessment of Braze's prospects, which is likely to be viewed favorably by investors. This could lead to increased investor confidence and a potential short-term rise in the stock price.
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