2022-04-20 08:52:20 DOCS Doximity
04/20/22 04/2008:52 04/20/2208:52 | Jefferies sees potential for upside at Doximity in Q4 and FY23Jefferies analyst Glen Santangelo said Doximity's growth in website traffic and app downloads may be declining owing to the high penetration of physicians already on the platform, but total time spent on the platform and average duration per visit continues to climb and he believes the strong user engagement supports the ROI for Doximity's clients and the potential for future revenue growth. His recent management meetings, combined with the strong engagement trends he sees in his analysis of website and app data, give him confidence in the potential for upside to fiscal Q4 results and FY23 guidance, said Santangelo, who keeps a Buy rating and $78 price target on Doximity shares. |
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Options
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Lithium Americas call volume above normal and directionally bullish »
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Jamieson Wellness price target raised to C$46 from C$45 at Canaccord »
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Doman Building Materials price target lowered to C$5.50 from C$6 at Canaccord »
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Chorus Aviation price target lowered to C$5 from C$6 at Canaccord »
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Canoo options imply 15.3% move in share price post-earnings »
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Thinkific Labs price target lowered to C$3 from C$4.50 at BMO Capital »
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Suncor price target lowered to C$58 from C$63 at BMO Capital »
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Craig-Hallum downgrades 'too expensive' Nvidia after guidance cut »
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NASDAQ market internals summary »
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Ensign Energy price target raised to C$6.50 from C$6 at BMO Capital »
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Suncor price target lowered to C$53 from C$57 at Raymond James »
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Labrador Iron Ore price target lowered to C$36 from C$39 at Raymond James »
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Heroux-Devtek price target lowered to C$19 from C$20.50 at Raymond James »
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Chesswood Group price target raised to C$19 from C$17 at Raymond James »
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Canaccord Genuity price target lowered to C$10.50 from C$11.50 at Raymond James »
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