TOday’s Movers: Domo (DOMO) Stock Rating Reaffirmed at JMP Securities; $35 Target Price Indicates 81.72 % Potential

September 8, 2018 - By Margaret Guttierez

Domo (DOMO) Rating Reaffirmed

Recently, In an analyst note issued to clients and investors on Friday, 7 September, Domo (DOMO) shares have had their “Market Outperform” Rating restate by equity research analysts at JMP Securities, who currently has a $35 price target on company. This target by JMP Securities means the possibile upside of 81.72 % from the last stock close price.

Domo, Inc. (NASDAQ:DOMO) Ratings Coverage

Among 7 analysts covering Domo (DOMO), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Domo has $30 highest and $20 lowest target. $25.67’s average target is 33.28% above currents $19.26 stock price. Domo had 7 analyst reports since July 13, 2018 according to SRatingsIntel.

The stock decreased 11.33% or $2.46 during the last trading session, reaching $19.26. About 5.90M shares traded or 628.06% up from the average. Domo, Inc. (DOMO) has 0.00% since September 8, 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 $480.61 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: Benzinga.com which released: “Earnings Scheduled For September 6, 2018” on September 06, 2018, also Nasdaq.com with their article: “Domo Named to Constellation ShortListâ„¢ for Marketing Analytics Solutions” published on September 05, 2018, Nasdaq.com published: “Domo Announces Fiscal 2019 Second Quarter Financial Results” on September 06, 2018. More interesting news about Domo, Inc. (NASDAQ:DOMO) were released by: Nasdaq.com and their article: “Domo Announces Timing of its Second Quarter Fiscal 2019 Results Conference Call” published on August 16, 2018 as well as Seekingalpha.com‘s news article titled: “Domo Inc. (DOMO) CEO Josh James on Q2 2019 Results – Earnings Call Transcript” with publication date: September 07, 2018.

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