Barclays Starts Couchbase Inc (BASE) at Overweight

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‘Don’t Sleep on This Couch’: Street’s New Coverage of Couchbase (BASE) Mostly Positive

August 16, 2021 7:23 AM EDT

Shares of Couchbase (NASDAQ: BASE) are up about 2% in pre-open as at least six Wall Street firms initiated their coverage of the stock.

Four firms started their coverage with a Buy rating or equivalent while analysts at Goldman Sachs and Morgan Stanley chose to stay on the sidelines.

Shares of the company rose over 20% on the first trading day in July after the company sold 8.3 million shares at $24.00... More