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Stock impact report

Braze (BRZE): Analyst Lauds Continued Margin Expansion [Yahoo! Finance]

Braze, Inc. (BRZE) 
Company Research Source: Yahoo! Finance
On December 17, BTIG assumed coverage of Braze, Inc. (NASDAQ:BRZE) stock with a Buy rating and $45 price target. The analyst told investors in a research note that Q3 marked another quarter of growth reacceleration, improvements in in-period dollar-based net retention rate, heightened sales productivity, and continued margin expansion for the firm. On December 9, Braze, Inc. (NASDAQ:BRZE) announced earnings for the third quarter, reporting earnings per share of $0.06, missing market estimates by $0.01. The revenue over the period was $190 million, up over 25% compared to the revenue over the same period last year and beating estimates by $6.7 million. Braze, Inc. (NASDAQ:BRZE) operates a customer engagement platform that provides interactions between consumers and brands worldwide. While we acknowledge the potential of BRZE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued A Show less Read more
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