B of A Securities Maintains Neutral on Doximity, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Doximity (NYSE:DOCS) while raising the price target from $32 to $45, indicating a more optimistic outlook on the stock's potential value.
October 07, 2024 | 11:33 am
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B of A Securities has maintained a Neutral rating on Doximity but increased the price target from $32 to $45, suggesting a more positive view on the stock's future performance.
The increase in the price target from $32 to $45 by B of A Securities indicates a more favorable outlook on Doximity's stock, which could lead to positive investor sentiment and a potential short-term price increase. However, the Neutral rating suggests that the analyst sees balanced risks and rewards at the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100