Barclays Maintains Equal-Weight on Couchbase, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Couchbase (NASDAQ:BASE) but has lowered the price target from $20 to $19.
September 05, 2024 | 3:05 pm
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Barclays has maintained its Equal-Weight rating on Couchbase but reduced the price target from $20 to $19, indicating a slightly less optimistic outlook.
The reduction in price target from $20 to $19 by Barclays suggests a slightly less optimistic view on Couchbase's short-term performance. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market, but the lowered target could lead to a minor negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100