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TD Cowen Keeps Their Buy Rating on Braze (BRZE)

TD Cowen Keeps Their Buy Rating on Braze (BRZE)

In a report released yesterday, Derrick Wood from TD Cowen maintained a Buy rating on Braze (BRZE – Research Report), with a price target of $47.00.
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According to TipRanks, Wood is a 5-star analyst with an average return of 15.0% and a 62.40% success rate. Wood covers the Technology sector, focusing on stocks such as Oracle, ServiceNow, and Domo.
In a report released on May 30, Stifel Nicolaus also maintained a Buy rating on the stock with a $45.00 price target.
BRZE market cap is currently $3.97B and has a P/E ratio of -36.06.
Based on the recent corporate insider activity of 106 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. Last month, Jonathan Hyman, the CTO of BRZE sold 9,197.00 shares for a total of $329,988.36.

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