Cantor Fitzgerald Maintains Overweight on DocGo, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Sarah James maintains an Overweight rating on DocGo (NASDAQ:DCGO) but lowers the price target from $11 to $5.

May 09, 2024 | 3:04 pm
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Cantor Fitzgerald has maintained an Overweight rating on DocGo but reduced the price target from $11 to $5.
The reduction in price target by Cantor Fitzgerald, despite maintaining an Overweight rating, suggests a reassessment of the company's near-term valuation or growth prospects. This could lead to negative sentiment among investors, potentially impacting the stock's short-term price movement negatively.
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IMPORTANCE 90
RELEVANCE 100