Oppenheimer analyst Ittai Kidron maintained a Buy rating on Couchbase (BASE – Research Report) today and set a price target of $36.00. The company’s shares closed yesterday at $26.90.
According to TipRanks, Kidron is a top 100 analyst with an average return of 20.5% and a 58.80% success rate. Kidron covers the Technology sector, focusing on stocks such as Zscaler, Couchbase, and Fortinet.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Couchbase with a $32.20 average price target, which is a 19.70% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a $35.00 price target.
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The company has a one-year high of $28.95 and a one-year low of $12.98. Currently, Couchbase has an average volume of 490.1K.
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.
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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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