JMP Securities Reiterates Market Outperform on Domo, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating on Domo (NASDAQ:DOMO) and maintained a $16 price target.
July 01, 2024 | 2:28 pm
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JMP Securities has reiterated a Market Outperform rating on Domo and maintained a $16 price target, indicating continued confidence in the company's performance.
The reiteration of a Market Outperform rating and the maintenance of a $16 price target by JMP Securities suggests that the analyst has a positive outlook on Domo's future performance. This could lead to increased investor confidence and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100