Susquehanna Initiates Coverage on Domo (DOMO). What May be Next?

July 13, 2018 - By Russell Jones

Why Has Susquehanna Given Domo (DOMO) a $24.0 Price Target

Stock analysts at Susquehanna has initiated coverage on shares of Domo (DOMO) in a note sent to investors on Friday morning. The financial firm set Positive rating on the stock. Susquehanna’s TP of $24.0 suggests potential of 21.70 % from the stock’s last stock close.

The stock decreased 0.60% or $0.12 during the last trading session, reaching $19.72. About 647,112 shares traded. Domo, Inc. (DOMO) has 0.00% since July 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Domo, Inc. operates a cloud-based platform in the United States. The company has market cap of $492.09 million. The Company’s platform digitally connects chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones. It currently has negative earnings. The firm also offers a Programmatic Revenue Solution that brings complex data from ad servers and sell-side platforms into a set of cards and dashboards built on practices in the ad tech industry.

More notable recent Domo, Inc. (NASDAQ:DOMO) news were published by: Seekingalpha.com which released: “A Touch Of Grey: Domo Technologies, Sprinklr And The Expensive Cloud Trap” on July 12, 2018, also Globenewswire.com with their article: “Nasdaq Welcomes Domo, Inc. (Nasdaq: DOMO) to The Nasdaq Stock Market” published on June 29, 2018, Marketwatch.com published: “Domo stock gains after IPO” on June 29, 2018. More interesting news about Domo, Inc. (NASDAQ:DOMO) were released by: Streetinsider.com and their article: “Susquehanna Starts DOMO (DOMO) at Positive” published on July 13, 2018 as well as Seekingalpha.com‘s news article titled: “First Look At Sonos’ IPO” with publication date: July 07, 2018.

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