Oppenheimer Downgrades Braze to Perform
Oppenheimer analyst Brian Schwartz downgrades Braze (NASDAQ:BRZE) from Outperform to Perform.
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Salesforce to acquire Braze for $5.66B to boost AI marketing and real-time customer engagement. Braze shares jump over 51%.
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Oppenheimer analyst Brian Schwartz downgrades Braze (NASDAQ:BRZE) from Outperform to Perform.
Stifel analyst Parker Lane downgrades Braze (NASDAQ:BRZE) from Buy to Hold and raises the price target from $35 to $47.5.
Braze shares surged after Salesforce announced an acquisition offering a roughly 58% premium to the stock’s Friday closing price of $30.04.
Piper Sandler analyst Billy Fitzsimmons downgrades Braze (NASDAQ:BRZE) from Overweight to Neutral and raises the price target from $30 to $47.5.
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