Doximity Inc (DOCS) PT Lowered to $36 at BofA Securities

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Go back to Doximity Inc (DOCS) PT Lowered to $36 at BofA Securities

Doximity Inc (DOCS) PT Lowered to $45 at Needham & Company

May 18, 2022 6:56 AM EDT

Needham & Company analyst Scott Berg lowered the price target on Doximity Inc (NYSE: DOCS) to $45.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "Doximity reported a beat and FY23 raise to close out FY22, but 1QF23 guidance implies sequential declines in revenue and... More

Doximity (DOCS) Stock Tumbles on Light Forecast, Analysts Slash Price Target but Remain Constructive on Valuation

May 18, 2022 5:58 AM EDT

Shares of Doximity (NYSE: DOCS) are down nearly 17% in premarket trading Wednesday after the company issued a weaker-than-expected Q1 revenue forecast.

The company reported FQ4 adjusted EPS of 21c, topping the consensus estimates of 14c per share. Revenue in the fourth quarter stood at $93.7... More