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 for Domo (NASDAQ:DOMO) and maintained a price target of $16.
August 20, 2024 | 1:12 pm
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POSITIVE IMPACT
JMP Securities has reiterated its Market Outperform rating for Domo, maintaining a price target of $16, indicating confidence in the company's performance.
The reiteration of a Market Outperform rating and a maintained price target of $16 by JMP Securities suggests positive sentiment and confidence in Domo's future performance. This could lead to a short-term positive impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100