Morgan Stanley Maintains Overweight on Docebo, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Overweight rating on Docebo (NASDAQ:DCBO) and raises the price target from $63 to $67.
February 26, 2024 | 3:49 pm
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Morgan Stanley has maintained an Overweight rating on Docebo and increased the price target from $63 to $67.
The upgrade in the price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Docebo's stock, likely due to strong company fundamentals or growth prospects. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100