Domo, Inc. (DOMO) Tops Q1 EPS by 26c, Revenues Beat; Offers 2Q & FY21 EPS/Revenue Guidance Above Consensus

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DOMO (DOMO) PT Raised to $36 at Cowen Following 1Q Report

June 5, 2020 7:27 AM EDT

Cowen analyst Derrick Wood raised the price target on DOMO (NASDAQ: DOMO) to $36.00 (from $30.00) while maintaining a Outperform rating following the company's 1Q earnings report. DOMO reported 1Q billings of $46.5m, well above estimates of $39.6m and the highest beat (23% above) in its... More