Stifel raised the firm’s price target on Braze (BRZE) to $45 from $40 and keeps a Buy rating on the shares following a top-line beat that the firm notes was the second largest absolute beat the company has reported in eight quarters. The firm views fears of AI disruption as “overblown” and still sees an opportunity to buy “an under-appreciated name even despite the strong post-print move,” the analyst tells investors.
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