Goldman Sachs Maintains Neutral on Docebo, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kevin Kumar has maintained a Neutral rating on Docebo (NASDAQ:DCBO) and increased the price target from $39 to $44.
November 10, 2023 | 3:59 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Docebo but raised the price target from $39 to $44, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of Docebo's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100