Braze price target raised to $60 from $54 at BTIG

BTIG raised the firm’s price target on Braze to $60 from $54 and keeps a Buy rating on the shares. The company’s growth showed improved results over the past couple months, highlighting the value of the omni-channel experience, the analyst tells investors in a research note. Braze platform truly stands out in app push, web push, browsing, and chat experiences relative to the competition, the firm added.