TD Cowen Maintains Buy on Braze, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Buy rating on Braze (NASDAQ:BRZE) but lowers the price target from $52 to $45.

September 24, 2024 | 2:48 pm
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TD Cowen's analyst J. Derrick Wood maintains a Buy rating on Braze but reduces the price target from $52 to $45, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Braze's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100