Stifel lowered the firm’s price target on Braze (BRZE) to $40 from $45 and keeps a Buy rating on the shares. A flurry of announcements from model providers and AI-natives have recently driven Braze sentiment sharply lower, but the firm believes Braze is “a prime example of a company with an overlooked moat” and sees it as a potential AI winner, the analyst tells investors in a preview.
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Read More on BRZE:
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