Oppenheimer Maintains Outperform on Couchbase, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on Couchbase (NASDAQ:BASE) but lowers the price target from $25 to $23.
September 05, 2024 | 3:12 pm
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NEUTRAL IMPACT
Oppenheimer's analyst Ittai Kidron continues to rate Couchbase as Outperform, indicating confidence in the company's performance. However, the price target is adjusted from $25 to $23, suggesting a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in Couchbase's performance, which is positive. However, the lowered price target indicates a tempered outlook, balancing the impact to neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100