UBS Maintains Neutral on Braze, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Taylor McGinnis has maintained a Neutral rating on Braze (NASDAQ:BRZE) and increased the price target from $51 to $60.
December 07, 2023 | 4:18 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Braze but raised the price target from $51 to $60, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation assessment of Braze, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100