Morgan Stanley Maintains Equal-Weight on Couchbase, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh has maintained an Equal-Weight rating on Couchbase (NASDAQ:BASE) but has lowered the price target from $29 to $27.
September 05, 2024 | 12:33 pm
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Morgan Stanley has maintained an Equal-Weight rating on Couchbase but reduced the price target from $29 to $27, indicating a slightly less optimistic outlook.
The reduction in price target from $29 to $27 by Morgan Stanley suggests a slightly less optimistic view on Couchbase's near-term performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100