BTIG Maintains Buy Rating for DocGo: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BTIG has maintained its Buy rating for DocGo (NASDAQ:DCGO) but lowered its price target from $15.00 to $13.00. DocGo's shares are currently trading at $5.30, up 0.28% over the last 24 hours. A move to $13.00 would represent a 145.05% increase from the current share price.
September 19, 2023 | 5:00 pm
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BTIG has maintained its Buy rating for DocGo but lowered its price target. This could potentially lead to increased investor interest and a rise in the stock price.
Analyst ratings often influence investor sentiment. In this case, BTIG maintaining a Buy rating indicates a positive outlook for DocGo. However, the lowering of the price target might indicate a slower growth rate than previously expected. This could lead to increased investor interest due to the maintained Buy rating, potentially leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100