DA Davidson assumed coverage of Braze (BRZE) with a Buy rating and $40 price target The company reported strong fiscal Q2 reports on accelerating organic growth, the analyst tells investors in a research note. The firm says Braze’s profitability is increasing as it optimize its cost structure and recognizes personnel efficiencies.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRZE: