Baird Maintains Outperform on Couchbase, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains an Outperform rating on Couchbase (NASDAQ:BASE) but lowers the price target from $32 to $27.
September 05, 2024 | 11:36 am
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Baird analyst Rob Oliver continues to see Couchbase as an outperformer but has adjusted the price target downwards from $32 to $27.
The Outperform rating suggests continued confidence in Couchbase's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100