Scotiabank Maintains Sector Outperform on Docebo, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Kevin Krishnaratne has maintained a Sector Outperform rating on Docebo (NASDAQ:DCBO) and increased the price target from $50 to $55.
October 24, 2024 | 2:56 pm
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Scotiabank has reaffirmed its positive outlook on Docebo by maintaining a Sector Outperform rating and increasing the price target to $55, indicating confidence in the company's future performance.
The increase in price target from $50 to $55 by Scotiabank suggests a positive outlook on Docebo's future performance. Maintaining a Sector Outperform rating indicates continued confidence in the company's growth potential, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100