Analysts' ratings for Braze (NASDAQ:BRZE) over the last quarter vary from bullish to bearish, as provided by 13 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
7
5
1
0
0
Last 30D
1
0
0
0
0
1M Ago
5
5
1
0
0
2M Ago
1
0
0
0
0
3M Ago
0
0
0
0
0
In the assessment of 12-month price targets, analysts unveil insights for Braze, presenting an average target of $63.85, a high estimate of $75.00, and a low estimate of $50.00. A 3.98% drop is evident in the current average compared to the previous average price target of $66.50.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Braze. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
David Hynes
Canaccord Genuity
Lowers
Buy
$50.00
$65.00
Brent Bracelin
Piper Sandler
Maintains
Overweight
$66.00
$66.00
Brian Peterson
Raymond James
Lowers
Outperform
$65.00
$75.00
J. Derrick Wood
TD Cowen
Lowers
Buy
$65.00
$68.00
Gil Luria
DA Davidson
Maintains
Buy
$65.00
$65.00
Nick Altmann
Scotiabank
Lowers
Sector Perform
$58.00
$65.00
Pinjalim Bora
JP Morgan
Lowers
Overweight
$58.00
$60.00
Brian Schwartz
Oppenheimer
Maintains
Outperform
$75.00
-
David Hynes
Canaccord Genuity
Lowers
Buy
$65.00
$70.00
Scott Berg
Needham
Maintains
Buy
$70.00
-
Brent Bracelin
Piper Sandler
Maintains
Overweight
$66.00
$66.00
Gil Luria
DA Davidson
Maintains
Buy
$65.00
$65.00
Taylor McGinnis
UBS
Announces
Buy
$62.00
-
Key Insights:
Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Braze. This information offers ...Full story available on Benzinga.com
Related tickers: BRZE.
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