A Closer Look at 9 Analyst Recommendations For Couchbase
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Couchbase (NASDAQ:BASE) have varied over the last quarter, with a mix of bullish and bearish sentiments. The average 12-month price target has dropped by 15.38% to $28.67. Several analysts have lowered their price targets and ratings for Couchbase, reflecting changing market dynamics and company performance.
June 07, 2024 | 5:00 pm
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NEGATIVE IMPACT
Analysts' ratings for Couchbase (NASDAQ:BASE) have shown mixed sentiments over the last quarter. The average 12-month price target has decreased by 15.38% to $28.67. Several analysts have lowered their price targets and ratings, indicating concerns about the company's market position and financial performance.
The decrease in the average 12-month price target and the lowering of ratings by several analysts suggest a negative short-term outlook for Couchbase. This reflects concerns about the company's market position and financial performance, which could lead to a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100