TD Cowen Maintains Hold on Domo, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a Hold rating on Domo (NASDAQ:DOMO) and raises the price target from $8 to $9.
August 30, 2024 | 1:32 pm
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TD Cowen analyst Derrick Wood maintains a Hold rating on Domo and raises the price target from $8 to $9, indicating a slightly positive outlook.
The increase in price target from $8 to $9 suggests a slightly more optimistic view on Domo's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100