Baird raised the firm’s price target on Couchbase (BASE) to $22 from $20 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results which suggest Capella traction s buidling despite macro pressures.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BASE:
- Couchbase price target raised to $19 from $18 at Morgan Stanley
- Couchbase price target raised to $22 from $20 at Rosenblatt
- Couchbase price target raised to $20 from $16 at Piper Sandler
- Couchbase: Strong ARR Growth Amid Revenue Recognition Challenges Justifies Hold Rating
- Couchbase’s Strong ARR Growth and Strategic Investments Drive Buy Rating Despite Customer Churn Concerns
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue