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Braze price target lowered to $41 from $51 at Stephens

Stephens analyst Brett Huff lowered the firm’s price target on Braze (BRZE) to $41 from $51 and keeps an Overweight rating on the shares. The firm thinks the Q1 pros are greater than the cons and calls the company’s growth resilience “remarkable” even with a sequential deceleration in subscription revenue and lower sequential NRR.

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