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Braze price target lowered to $40 from $45 at Goldman Sachs

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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