Cantor Fitzgerald initiated coverage of Docebo (DCBO) with an Overweight rating and $35 price target Docebo is an artificial intelligence first modern learning management system platform redefining the way enterprise workforce, partners and customers learn, the analyst tells investors in a research note. The firm estimates the company is targeting an estimated total addressable market in excess of $60B towards the end of this decade, “offering plenty of opportunity for revenue expansion.” Cantor recommends investors consider Docebo, saying the company is an “under-followed” small cap education technology name transforming from a knowledge management company to an AI-first learning platform.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DCBO:
- Docebo says LearnGov platform achieved FedRAMP Moderate Authorization
- Docebo Secures Credit Agreement with National Bank of Canada
- Docebo price target lowered to $40 from $45 at Scotiabank
- Docebo’s Hold Rating: Balancing Growth Challenges and Limited Upside Potential
- Docebo downgraded to Equal Weight from Overweight at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue