Citi raised the firm’s price target on Braze (BRZE) to $55 from $50 and keeps a Buy rating on the shares after the company “delivered a strong finish to FY25” and gave FY26 organic growth guidance of 16%, which does not include the contribution from the OfferFit acquisition, that was better-than-expected. The company also announced it will acquire AI decisioning-engine startup OfferFit, which tripled revenue last year, leading the firm to “believe there is healthy room for upside to numbers,” the analyst added.
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