UBS Maintains Buy on Braze, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Taylor McGinnis maintains a Buy rating on Braze (NASDAQ:BRZE) but lowers the price target from $56 to $51.
September 25, 2024 | 4:26 pm
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NEUTRAL IMPACT
UBS analyst Taylor McGinnis maintains a Buy rating on Braze but lowers the price target from $56 to $51, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in Braze's performance, but the lowered price target indicates some caution about its short-term potential. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100