Morgan Stanley lowered the firm’s price target on Domo (DOMO) to $8 from $9 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on DOMO:
- Domo announces partnership with Weather Trends International
- DA Davidson technology analysts hold an analyst/industry conference call
- Domo’s Growth Initiatives and Stable Near-Term Outlook: Hold Rating Maintained
- Domo Appoints Mark Maughan as Chief Operating Officer
- Domo price target raised to $9 from $7 at Morgan Stanley