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Braze price target lowered to $70 from $80 at Barclays

Barclays lowered the firm’s price target on Braze to $70 from $80 and keeps an Overweight rating on the shares ahead of the Q2 report. The analyst expects a beat in-line with Q1 for Q2, but believes management will continue to guide conservatively for the second half of 2025 in the current macro environment.

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