DA Davidson Maintains Buy on Couchbase, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rudy Kessinger maintains a Buy rating on Couchbase (NASDAQ:BASE) but lowers the price target from $30 to $25.
September 05, 2024 | 2:35 pm
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NEUTRAL IMPACT
DA Davidson's analyst maintains a Buy rating on Couchbase but reduces the price target from $30 to $25, 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 stance on its near-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100