Wells Fargo analyst Michael Berg raised the firm’s price target on Braze (BRZE) to $55 from $50 and keeps an Overweight rating on the shares. The firm notes the company’s Q4 was better than feared, as top-line results suggest stabilization in business. Admittedly still operating in challenged/uncertain backdrop, but with renewal headwinds fading and comparable sales landscape improving, it sees healthy path ahead.
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