List of Flash News about Braze stock analysis
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2025-06-03 12:28 |
Braze $BRZE Stock Initiated at Overweight by Cantor Fitzgerald With $45 Price Target: Crypto Market Implications
According to Stock Talk (@stocktalkweekly), Cantor Fitzgerald has initiated coverage of Braze ($BRZE) with an Overweight rating and a $45 price target, basing this on a 5.5x EV/revenue multiple for their CY26 revenue estimate. The firm acknowledges ongoing macroeconomic headwinds but notes that the current 4.3x EV/revenue multiple offers a favorable entry point for investors. For cryptocurrency traders, this bullish initiation may signal increased institutional confidence in technology and SaaS sectors, potentially improving sentiment and liquidity across related blockchain and AI-powered tokens (Source: Stock Talk, June 3, 2025). |