Wells Fargo raised the firm’s price target on Braze to $53 from $43 and keeps an Overweight rating on the shares. With the firm’s recent discussions suggesting marketing budgets are opening up, Wells expects Braze to be one of the primary beneficiaries. The firm believes Braze has meaningful room for upside to revenue and margin targets in Q2 and second half of 2024.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BRZE: