Piper Sandler Maintains Overweight on Couchbase, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Couchbase (NASDAQ:BASE) but lowers the price target from $22 to $21.
September 05, 2024 | 9:09 am
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Piper Sandler has maintained its Overweight rating on Couchbase but has slightly reduced the price target from $22 to $21, indicating a minor adjustment in expectations.
The maintenance of an Overweight rating suggests continued confidence in Couchbase's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100