TD Cowen Maintains Hold on Domo, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a Hold rating on Domo (NASDAQ:DOMO) and lowers the price target from $11.5 to $10.
May 21, 2024 | 3:58 pm
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TD Cowen analyst Derrick Wood maintains a Hold rating on Domo and lowers the price target from $11.5 to $10.
The lowered price target from $11.5 to $10 suggests a less optimistic outlook for Domo's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100