From Yahoo Finance: 2025-06-07 09:31:00

Macquarie lowers Braze’s price target to $35 from $40, citing lower profitability post-acquisition and decreased dollar-based net retention. The firm maintains a Neutral rating due to excess churn affecting revenue growth. Analysts remain cautious with the stock’s current valuation. Top line beat by 2%, but concerns persist.

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Read more: Braze price target lowered to $35 from $40 at Macquarie