BTIG analyst Matthew VanVliet maintained a Buy rating on Braze (BRZE – Research Report) yesterday and set a price target of $75.00. The company’s shares closed last Friday at $53.13.
VanVliet covers the Technology sector, focusing on stocks such as Blackbaud, Guidewire, and RingCentral. According to TipRanks, VanVliet has an average return of -8.5% and a 43.50% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Braze with a $68.63 average price target.
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BRZE market cap is currently $5.31B and has a P/E ratio of -38.18.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BRZE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Braze (BRZE) Company Description:
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
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