Citizens JMP raised the firm’s price target on Backblaze (BLZE) to $8 from $7 and keeps an Outperform rating on the shares. The company reported “promising” Q2 revenue, the analyst tells investors in a research note.
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>>
Read More on BLZE:
- Navigating the AI Minefield: Backblaze, Inc.’s Struggle with Operational and Legal Risks
- Backblaze Reports Strong Q2 2025 Financial Performance
- Backblaze’s Strong Q2 Performance and Strategic Initiatives Justify Buy Rating
- Backblaze’s Strong Growth and Strategic Positioning in AI Sector Justifies Buy Rating
- Backblaze announces $10M share repurchase program
