Cantor Fitzgerald Maintains Overweight on DocGo, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Sarah James has maintained an Overweight rating on DocGo (NASDAQ:DCGO) but has lowered the price target from $13 to $11.

February 29, 2024 | 6:49 pm
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Cantor Fitzgerald maintains an Overweight rating on DocGo but lowers the price target from $13 to $11.
The reduction in price target by Cantor Fitzgerald, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a revised valuation perspective, potentially due to updated market conditions or company performance insights. Such a move might cause concern among investors, leading to a possible decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100