Needham Maintains Buy on Docebo, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald maintains a Buy rating on Docebo (NASDAQ:DCBO) and raises the price target from $45 to $50.
September 12, 2024 | 9:48 am
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Needham analyst Ryan MacDonald has reiterated a Buy rating for Docebo and increased the price target from $45 to $50, indicating a positive outlook for the stock.
The increase in price target from $45 to $50 by Needham suggests a positive outlook for Docebo, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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