Wells Fargo analyst Ryan MacWilliams says that Black Friday results look constructive for holiday season and Cyber Monday spending. Wells believe results so far are good for Braze (BRZE), as mobile customer engagement sends were strong. Mastercard (MA) SpendingPulse data indicate U.S. retail sales growth was +4.1% on Black Friday compared to +3.4% last year. Salesforce (CRM) and Adobe (ADBE) data show solid spend.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRZE:
- Braze’s Strategic Advancements and Competitive Edge: A Promising Investment Opportunity
- Braze up 3% at $26.72 after being added to Conviction Buy at Needham
- Braze added to Conviction List and named Top Pick at Needham
- Wells Fargo Says Agentic Coding Is Fueling a New AI Boom — Here Are 3 Stocks Poised to Benefit
- 3 ‘Strong Buy’ Technology Stocks Backed by Top Analysts, 10/03/25