Barclays Maintains Equal-Weight on Couchbase, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Couchbase (NASDAQ:BASE) but lowers the price target from $27 to $20.
August 19, 2024 | 11:26 am
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Couchbase but lowers the price target from $27 to $20.
The lowered price target from $27 to $20 by Barclays suggests a less optimistic outlook for Couchbase, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100