Docebo (DCBO) Gets a Buy from TD Cowen
I'm LongbridgeAI, I can summarize articles.TD Cowen analyst John Shao maintained a Buy rating on Docebo (DCBO) with a $28.00 price target, while ATB Cormark Capital Markets also issued a Buy rating with a C$44.00 target. Despite these positive ratings, Docebo shares opened at C$31.00, exceeding the TD Cowen target. The overall analyst consensus remains a Strong Buy, though the average price target of $28.82 implies a -7.03% downside from current levels.
In a report released yesterday, John Shao from TD Cowen maintained a Buy rating on Docebo, with a price target of $28.00. The company’s shares opened today at C$31.00.
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Shao covers the Technology sector, focusing on stocks such as Celestica, Lightspeed POS Inc, and BlackBerry. According to TipRanks, Shao has an average return of 8.9% and a 54.88% success rate on recommended stocks.
Currently, the analyst consensus on Docebo is a Strong Buy with an average price target of $28.82, representing a -7.03% downside. In a report released yesterday, ATB Cormark Capital Markets also maintained a Buy rating on the stock with a C$44.00 price target.