Baird Maintains Outperform on Couchbase, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains an Outperform rating on Couchbase (NASDAQ:BASE) but lowers the price target from $35 to $32.
June 06, 2024 | 12:37 pm
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NEUTRAL IMPACT
Baird analyst Rob Oliver maintains an Outperform rating on Couchbase but lowers the price target from $35 to $32.
The Outperform rating suggests continued confidence in Couchbase's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100