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Analysts raised Couchbase's stock target to $20, signaling confidence despite a reported loss.
Couchbase, a cloud database platform provider, saw its stock price target raised by several analysts, including UBS and Piper Sandler, to $20.00, reflecting confidence in its performance.
Despite reporting a loss of $0.06 per share, the company beat analysts' expectations and showed a 10.1% year-over-year revenue increase.
With a market cap of $1.04 billion, Couchbase's stock has garnered a "Moderate Buy" consensus rating and a target price of $21.65, indicating potential for future growth.
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Los analistas elevaron el objetivo de acciones de Couchbase a $20, señalando confianza a pesar de una pérdida reportada.