7 Analysts Have This to Say About DocGo
Portfolio Pulse from Benzinga Insights
DocGo (NASDAQ:DCGO) has received 7 analyst ratings in the last quarter, with 5 being bullish and 2 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average price target is $13.0, which is significantly higher than the current price of $5.75, suggesting a substantial upside. However, this target is a 13.33% decrease from the previous target of $15.00. Analysts use various methods to rate stocks, and their ratings can influence market perceptions and stock performance.
November 27, 2023 | 7:00 pm
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POSITIVE IMPACT
DocGo has received positive ratings from analysts, with an average price target of $13.0, indicating a potential upside from the current price of $5.75. The price target has been revised down from $15.00, showing a decrease in expectations.
The unanimous positive ratings from analysts are likely to instill confidence in investors and could lead to a short-term increase in the stock price. The substantial upside implied by the average price target compared to the current stock price may attract investor interest. However, the reduction in the average price target could temper some of the potential positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100