RBC Capital Maintains Outperform on Couchbase, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Couchbase (NASDAQ:BASE) and increased the price target from $32 to $35.
March 06, 2024 | 2:59 pm
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RBC Capital has maintained an Outperform rating on Couchbase and raised the price target from $32 to $35.
The increase in price target by a reputable analyst firm like RBC Capital typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100