Wells Fargo Maintains Overweight on Couchbase, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Couchbase (NASDAQ:BASE) but lowers the price target from $37 to $30.
June 06, 2024 | 6:15 pm
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Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Couchbase but lowers the price target from $37 to $30.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100