Stifel Maintains Buy on Couchbase, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on Couchbase (NASDAQ:BASE) but lowers the price target from $25 to $20.
September 05, 2024 | 12:17 pm
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Stifel analyst Brad Reback maintains a Buy rating on Couchbase but lowers the price target from $25 to $20, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Couchbase's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100