Raymond James Maintains Outperform on Braze, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson maintains an Outperform rating on Braze (NASDAQ:BRZE) but lowers the price target from $65 to $55.

June 07, 2024 | 4:53 pm
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Raymond James analyst Brian Peterson maintains an Outperform rating on Braze but lowers the price target from $65 to $55.
The Outperform rating suggests continued confidence in Braze's performance, but the lowered price target indicates some caution about its near-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