Stifel analyst J. Parker Lane raised the firm’s price target on Braze (BRZE) to $50 from $48 and keeps a Buy rating on the shares after the company delivered a Q4 beat and an initial outlook for FY26 that “wrapped the street on the top-line but nicely beat on the bottom-line.” In addition, the company acquired AI-decisioning company OfferFit for $325M, which the firm believes will accelerate the company’s product roadmap around Agentic AI, the analyst tells investors.
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