Raymond James Maintains Outperform on Doximity, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Brian Peterson has maintained an 'Outperform' rating on Doximity (NYSE:DOCS), but lowered the price target from $40 to $30.
August 09, 2023 | 11:47 am
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Doximity's price target has been lowered from $40 to $30 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could lead to a negative sentiment among investors, potentially causing a short-term decrease in Doximity's stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100