TD Cowen analyst Derrick Wood lowered the firm’s price target on Domo (DOMO) to $9 from $10 and keeps a Hold rating on the shares. The firm said they reported a solid 4Q with billings growth and operating margin well above Street and revenue guide was in-line with the Street.
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:
- Domo price target lowered to $8.50 from $9.50 at Lake Street
- Domo’s Mixed Outlook: Hold Rating Amid Promising Partnerships and Conservative Growth Projections
- Domo’s Neutral Outlook: Balancing Improved Margins with Stagnant Revenue Growth
- Domo assumed with a Neutral at DA Davidson
- Domo Inc. Reports Strong Fiscal 2025 Performance