Macquarie Initiates Coverage On Braze with Neutral Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Macquarie has initiated coverage on Braze (NASDAQ:BRZE) with a Neutral rating and set a price target of $30.
October 31, 2024 | 11:35 am
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NEUTRAL IMPACT
Macquarie has started coverage on Braze with a Neutral rating and a price target of $30, indicating a cautious outlook.
The Neutral rating suggests that Macquarie does not expect significant short-term price movement for Braze. The price target of $30 provides a benchmark for investors, but the neutral stance indicates a balanced view of potential risks and rewards.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100