BTIG Maintains Buy on Braze, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Matt VanVliet maintains a Buy rating on Braze (NASDAQ:BRZE) but lowers the price target from $68 to $62.
May 31, 2024 | 1:30 pm
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BTIG analyst Matt VanVliet maintains a Buy rating on Braze but lowers the price target from $68 to $62.
The Buy rating suggests continued confidence in Braze's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100