Goldman Sachs lowered the firm’s price target on Braze (BRZE) to $40 from $45 and keeps a Buy rating on the shares. Braze continues to be one of the firm’s top picks and they can sustain accelerated share gains as incumbent providers are burdened by legacy architectures and face challenges delivering on AI promises, the analyst tells investors in a research note.
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Read More on BRZE:
- Braze price target raised to $31 from $29 at Barclays
- Braze price target lowered to $40 from $43 at Canaccord
- Braze price target lowered to $35 from $68 at Citizens
- Braze: Accelerating Fundamentals, Strengthened Outlook, and Attractive Risk-Reward Support Buy Rating
- Braze Earnings Call Highlights AI-Driven Growth Momentum
