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Doximity price target raised to $75 from $65 at Raymond James

Raymond James raised the firm’s price target on Doximity (DOCS) to $75 from $65 and keeps an Outperform rating on the shares. Doximity’s Q1 results showed an impressive top-line beat and above consensus outlook, with a conservative guidance for the back half of the year, the analyst tells investors in a research note. The firm is encouraged by commentary on the mid-year buying and the impact of the customer portal.

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