Craig-Hallum Maintains Buy on Backblaze, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Chad Bennett maintains a Buy rating on Backblaze (NASDAQ:BLZE) and raises the price target from $9 to $10.
August 09, 2024 | 4:15 pm
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POSITIVE IMPACT
Craig-Hallum analyst Chad Bennett maintains a Buy rating on Backblaze and raises the price target from $9 to $10.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100