Braze shares are trading lower after Oppenheimer lowered its price target on the stock from $60 to $51.
Portfolio Pulse from Benzinga Newsdesk
Braze shares declined after Oppenheimer reduced its price target from $60 to $51.
September 24, 2024 | 1:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Braze shares are experiencing a decline following Oppenheimer's decision to lower its price target from $60 to $51.
The reduction in the price target by a reputable analyst firm like Oppenheimer can negatively impact investor sentiment, leading to a decline in the stock price. The new target suggests a less optimistic outlook for Braze's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100