DocGo (DCGO) Named Top 2022 Pick at Northland Capital Markets
Get Alerts DCGO Hot Sheet
Rating Summary:
4 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Northland Capital Markets analyst Michael Latimore reiterated an Outperform rating and $22.00 price target on DocGo (NASDAQ: DCGO) and named the stock a Top Pick for 2022.
The analyst commented, "We are selecting DCGO as a 2022 top pick. DocGo is pioneering the on-demand mobile health market, leveraging proprietary scheduling algorithms, communications SaaS and healthcare logistics expertise. The overall platform allows DocGo to provide the highest levels of care at half the cost of alternatives. DCGO is trading at only 2.4x FY22 revenue versus our 33 estimate on the Rule of 40. DocGo has established a strong track record of beating guidance as well."
For an analyst ratings summary and ratings history on DocGo click here. For more ratings news on DocGo click here.
Shares of DocGo closed at $9.50 yesterday.
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