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Braze price target raised to $51 from $47 at Citi

Braze price target raised to $51 from $47 at Citi

Citi analyst Tyler Radke raised the firm’s price target on Braze (BRZE) to $51 from $47 and keeps a Buy rating on the shares. Braze posted a solid bookings quarter and beat both top-line and bottom line metrics, while providing a marginally higher outlook for Q4, the analyst tells investors in a research note. The firm believes fiscal 2026 estimates are further de-risked with an improvement in bookings and management commentary suggesting stabilization.

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