CS Disco price target raised to $6 from $5.50 at Jefferies

Jefferies analyst Brent Thill raised the firm’s price target on CS Disco (LAW) to $6 from $5.50 and keeps a Hold rating on the shares. Despite what the firm views as an “attractive valuation” and a third of the market cap in cash, the firm says it will stay on the sidelines until better execution is seen under the new management team led by CEO Eric Friedrichsen.