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Braze price target raised to $31 from $29 at Barclays

Barclays analyst Raimo Lenschow raised the firm’s price target on Braze (BRZE) to $31 from $29 and keeps an Overweight rating on the shares following the Q4 report. The company has posted three consecutive quarters of improved dollar-based net retention and organic revenue acceleration, the analyst tells investors in a research note. The firm says this should drive more investor interest.

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