Lake Street Maintains Buy on Domo, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi maintains a Buy rating on Domo (NASDAQ:DOMO) but lowers the price target from $21 to $20.

May 26, 2023 | 12:49 pm
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Lake Street analyst maintains Buy rating on Domo (NASDAQ:DOMO) but lowers price target from $21 to $20.
The news of Lake Street maintaining a Buy rating on Domo indicates a positive outlook for the company. However, the lowering of the price target from $21 to $20 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100