Stifel Maintains Buy on DocGo, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Grossman has maintained a Buy rating on DocGo (NASDAQ:DCGO) but has lowered the price target from $8 to $6.5.

April 30, 2024 | 11:43 am
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Stifel maintains a Buy rating on DocGo but lowers the price target from $8 to $6.5.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100