TD Cowen lowered the firm’s price target on Braze (BRZE) to $43 from $47 and keeps a Buy rating on the shares. The firm said they reported a softer revenue beat but it did flow the upside into a raised organic FY26 guide. The closing of OfferFit is expected to pressure margins but adds valuable tech and opportunity to cross-sell the base.
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Read More on BRZE:
- Braze price target lowered to $45 from $47 at JPMorgan
- Braze price target lowered to $45 from $75 at Loop Capital
- Braze price target lowered at Raymond James, says pullback a buying opportunity
- Braze price target lowered to $40 from $45 at Stifel
- Braze’s Strong Market Position and Growth Potential Justify Buy Rating