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Couchbase (BASE) Receives a Hold from Goldman Sachs

In a report released today, Kash Rangan from Goldman Sachs maintained a Hold rating on Couchbase (BASEResearch Report), with a price target of $28.00. The company’s shares closed last Wednesday at $18.22, close to its 52-week low of $14.68.

According to TipRanks.com, Rangan is a 5-star analyst with an average return of 12.8% and a 62.4% success rate. Rangan covers the Technology sector, focusing on stocks such as Definitive Healthcare Corp, Zoom Video Communications, and ZoomInfo Technologies.

Couchbase has an analyst consensus of Moderate Buy, with a price target consensus of $27.17.

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Couchbase’s market cap is currently $804.8M and has a P/E ratio of -12.69.

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Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform.

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