Cantor Fitzgerald analyst Yi Fu Lee initiated coverage of Domo (DOMO) with an Overweight rating and $11 price target Domo is a cloud-native modern business intelligence and analytics software platform designed to unlock real-time actionable insights and collaborate on critical enterprise data for everyone, the analyst tells investors in a research note. The firm recommends investors consider Domo, saying it is an “under-followed” small-cap data cloud name that is expanding to adjacent areas in artificial intelligence model management and agentic AI. The stock’s pullback of 30% from a one-year high of over $12 presents an attractive entry point, contends Cantor.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOMO:
