DA Davidson raised the firm’s price target on Braze (BRZE) to $42 from $40 and keeps a Buy rating on the shares. The company reported a strong topline beat in Q3 with better than expected operating margins, the analyst tells investors in a research note. Braze also highlighted strong pipeline generation and growing demand for Braze AI, with the company achieving the strongest quarter of sequential customer adds since Q3 of FY23, the firm added.
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