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Domo Inc (DOMO) Receives a Buy from JMP Securities


JMP Securities analyst Patrick Walravens maintained a Buy rating on Domo Inc (NASDAQ: DOMO) on September 21 and set a price target of $35. The company’s shares closed on Friday at $20.52.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 19.6% and a 71.6% success rate. Walravens covers the Technology sector, focusing on stocks such as Ultimate Software, Salesforce.com, and Veeva Systems.

Domo Inc has an analyst consensus of Strong Buy, with a price target consensus of $28.80, which is a 40.4% upside from current levels. In a report issued on September 7, Credit Suisse also maintained a Buy rating on the stock with a $27 price target.

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The company has a one-year high of $28.86 and a one-year low of $15.79. Currently, Domo Inc has an average volume of 807K.

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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.