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DocGo price target lowered to $4 from $5.50 at Stifel

Stifel analyst David Grossman lowered the firm’s price target on DocGo (DCGO) to $4 from $5.50 and keeps a Buy rating on the shares. Q1 revenue and non-GAAP EBITDA missed expectations and the company “materially lowered” 2025 guidance, notes the analyst, who points out that the revised range fell “well below” the firm’s estimates even though they were “significantly below consensus.”

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