Domo Inc (DOMO) Receives a Buy from Cowen & Co.


In a report issued on December 4, Derrick Wood from Cowen & Co. reiterated a Buy rating on Domo Inc (DOMO), with a price target of $30. The company’s shares closed on Friday at $20.40.

According to TipRanks.com, Wood is a top 100 analyst with an average return of 22.0% and a 72.6% success rate. Wood covers the Technology sector, focusing on stocks such as Rimini Street Inc, Salesforce.com, and Workday Inc.

Domo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $35.

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The company has a one-year high of $28.86 and a one-year low of $13.28. Currently, Domo Inc has an average volume of 569.1K.

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Domo, Inc. designs, develops, and markets executive management software solutions. It offers customized software tools for business operations, customer relationship management, human resources, and financial reporting. The company specializes in software, business intelligence, dashboard, performance dashboards, advanced data visualization and analytics.

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