Stifel Maintains Buy on Couchbase, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a Buy rating on Couchbase (NASDAQ:BASE) and increased the price target from $24 to $33.
March 06, 2024 | 1:17 pm
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POSITIVE IMPACT
Stifel analyst Brad Reback reaffirmed a Buy rating on Couchbase and raised the price target from $24 to $33.
The increase in price target by a reputable analyst like Brad Reback signals a strong confidence in Couchbase's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100