Braze Launches Free Trial and Braze for Startups to Help Brands Kickstart Absolutely Engaging Customer Journeys
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
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- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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Needham Reiterates Buy Rating on Braze Inc (BRZE)
September 6, 2024 6:32 AM EDTNeedham analyst Scott Berg reiterated a Buy rating and $70.00 price target on Braze Inc (NASDAQ: BRZE).
The analyst comments "Braze reported good 2Q results with its first ever Non-GAAP operating profit quarter and its 2nd and 3rd eight figure contracts... More
Barclays Reiterates Overweight Rating on Braze Inc (BRZE)
September 6, 2024 6:05 AM EDTBarclays analyst Ryan MacWilliams reiterated an Overweight rating and $70.00 price target on Braze Inc (NASDAQ: BRZE).
The analyst comments "Takeaways post the call: We were pleased BRZE added its 2nd/3rd 8-figure+ customers and our checks indicate significant runway ahead within many... More
Goldman Sachs Reiterates Buy Rating on Braze Inc (BRZE)
September 6, 2024 5:30 AM EDTGoldman Sachs analyst Gabriela Borges reiterated a Buy rating and $65.00 price target on Braze Inc (NASDAQ: BRZE).
The analyst comments "Braze reported a solid 2QFY (July) with revenue 3% above the Street and operating margin ~800bps above (FactSet). Revenue grew 26% yoy, a 4pt organic... More
Canaccord Genuity Reiterates Buy Rating on Braze Inc (BRZE)
September 6, 2024 5:10 AM EDTCanaccord Genuity analyst David Hynes Jr. reiterated a Buy rating and $53.00 price target on Braze Inc (NASDAQ: BRZE).
The analyst comments "In terms of what this means for the stock, BRZE shares were indicating down about 5% off a quarter in which both full-year revenue and margin estimates are moving higher, telling us that either (a) investors... More
DA Davidson Reiterates Buy Rating on Braze Inc (BRZE)
September 6, 2024 5:08 AM EDTDA Davidson analyst Gil Luria reiterated a Buy rating and $65.00 price target on Braze Inc (NASDAQ: BRZE).
The analyst comments "The market reaction appears overdone in our view following solid F2Q25 results which point to strong underlying growth trends in... More
