Mizuho raised the firm’s price target on Braze (BRZE) to $50 from $45 and keeps an Outperform rating on the shares following what the firm calls “another strong beat & raise” report in Q3. Management’s preliminary operating income margin guide for FY27 of 8.0% was significantly ahead of consensus of 6.3%, putting the company “back on the path to driving profitable growth,” the analyst tells investors.
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