DA Davidson Maintains Buy on Braze, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Buy rating on Braze (NASDAQ:BRZE) but lowers the price target from $65 to $55.
September 24, 2024 | 3:06 pm
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DA Davidson's analyst Gil Luria continues to recommend buying Braze stock but has reduced the price target from $65 to $55, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Braze's potential, but the lowered price target reflects a more cautious stance on its short-term valuation. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100