Docebo initiated with an Overweight at Cantor Fitzgerald

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.