In a report released today, Raimo Lenschow from Barclays assigned a Hold rating to Couchbase (BASE – Research Report), with a price target of $33.00. The company’s shares closed yesterday at $26.90.
According to TipRanks, Lenschow is a 4-star analyst with an average return of 4.6% and a 51.65% success rate. Lenschow covers the Technology sector, focusing on stocks such as Couchbase, Microsoft, and Pegasystems.
Couchbase has an analyst consensus of Moderate Buy, with a price target consensus of $27.67.
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BASE market cap is currently $1.34B and has a P/E ratio of -16.53.
Based on the recent corporate insider activity of 89 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 BASE 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.
Couchbase (BASE) Company Description:
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform.
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