Guggenheim lowered the firm’s price target on Couchbase (BASE) to $26 from $30 and keeps a Buy rating on the shares. The firm views guidance as “prudently set with potential upside” and continues to view Couchbase as “a strategic platform for building the next generation of modern, AI-powered applications” that should maintain at least high teens growth.
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Read More on BASE:
- Couchbase’s Record-Breaking ARR and Capella’s Growth Drive Buy Rating
- Couchbase’s Mixed Signals: Strong Quarter Yet Cautious Outlook
- Couchbase price target lowered to $20 from $23 at Wells Fargo
- Couchbase price target lowered to $22 from $23 at Barclays
- Couchbase: Strong Financial Performance and Promising Outlook Drive Buy Rating
