Docebo price target raised to $46 from $43 at Canaccord

Canaccord raised the firm’s price target on Docebo (DCBO) to $46 from $43 and keeps a Buy rating on the shares. The firm said they reported an excellent quarter with better-than-expected Q2 results and Q3 guidance. With more confidence on the macro after tariff induced uncertainty, albeit still with caution amid longer sales cycles and deal scrutiny, management also bumped its full year guidance.