Domo price target raised to $10.50 from $9 at TD Cowen

TD Cowen raised the firm’s price target on Domo (DOMO) to $10.50 from $9 and keeps a Hold rating on the shares. The company reported a solid Q1 as sales productivity is improving and CDW partner motions are building, the analyst tells investors in a research note. The firm views the earnings print as “another step in the right direction.”