tiprankstipranks
Trending News
More News >

Braze price target lowered to $40 from $45 at Stifel

Stifel analyst J. Parker Lane lowered the firm’s price target on Braze (BRZE) to $40 from $45 and keeps a Buy rating on the shares. Braze shares traded off by as much as 14% after the company reported its “thinnest top-line beat in two years,” the analyst tells investors. However, the firm believes execution on the OfferFit integration and Project Catalyst rollout, among other AI initiatives, likely “further cement Braze as the leading next-gen marketing cloud” throughout the course of FY26 and FY27 as well as help widen the gap of next-gen capabilities between the company and larger vendors.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue