Braze Inc (NASDAQ:BRZE) is one of the best small-cap stocks with huge growth potential. Stifel cut the price target on Braze Inc (NASDAQ:BRZE) to $40 from $45 on February 9 and maintained a Buy rating on the shares, telling investors that a flurry of announcements from model providers and AI-natives have recently driven Braze Inc (NASDAQ:BRZE) sentiment sharply lower. Stifel, however, sees the company as a potential AI winner and believes that it is “a prime example of a company with an overlooked moat”.
In a separate development, Piper Sandler cut the price target on Braze Inc (NASDAQ:BRZE) to $30 from $50 on February 2, reiterating an Overweight rating on the shares after a transfer of coverage. The firm told investors that it downgraded three names and cut price targets across the platforms and apps group, stating that “seat-compression and vibe coding narratives could set a ceiling on multiples.”
Braze Inc (NASDAQ:BRZE) also received a rating update from Goldman Sachs on January 28, with the firm lowering the price target on the stock to $45 from $55 while maintaining a Buy rating on the shares.
Braze Inc (NASDAQ:BRZE) operates a customer relationship management platform for mobile applications, with the application combining messaging, audience segmentation, analytics, and user support in a single integrated solution. The company offers push notifications, in-app messages, email, and news feed services.
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 AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.