JMP Securities Maintains Market Outperform on Domo, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Domo (NASDAQ:DOMO) but lowers the price target from $23 to $16.

May 24, 2024 | 3:51 pm
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JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Domo but lowers the price target from $23 to $16.
The Market Outperform rating suggests a positive outlook, but the lowered price target indicates reduced expectations for short-term growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100