Braze price target raised to $30 from $25 at BTIG

BTIG raised the firm’s price target on Braze (BRZE) to $30 from $25 and keeps a Buy rating on the shares. Q4 marked another quarter of organic growth acceleration for the company, the analyst tells investors in a research note. While this was well anticipated by investors, the magnitude of upside in Braze’s 2027 growth outlook and its robust bookings helped the stock move 20% higher afterhours and should instill further confidence in Braze’s growth durability, BTIG adds.