Rosenblatt raised the firm’s price target on Couchbase (BASE) to $22 from $20 and keeps a Buy rating on the shares. The company reported solid Q1 results, driven by subscription revenue growth of 12% year-over-year, but the Q2 guidance was mixed compared to consensus, the analyst tells investors in a research note.
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Read More on BASE:
- 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
- Couchbase Reports Strong Q1 Fiscal 2026 Results
- Closing Bell Movers: Guidewire up 11% after Q3 beat, guidance raise
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