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Braze guidance a focus for Q4 results, says Canaccord

Canaccord previewed Braze (BRZE) ahead of its Q4 results this week. The stock has been rallying ahead of the report as competitors continue to execute well posting steady growth and Braze appears well positioned to do the same. Having said that, the firm feels it is better to wait on results as the current tape is not very forgiving to companies that miss estimates. Canacord maintains its Buy rating and $45 price target on Braze shares.

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