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DOMO - Domo Inc News Story

$57.67 2.1  3.8%

Last Trade - 3:15pm

Sector
Technology
Size
Mid Cap
Market Cap £1.23bn
Enterprise Value £1.24bn
Revenue £149.6m
Position in Universe 2326th / 6856

BUZZ-Domo Inc: Hits record high on upbeat forecast

Fri 4th September, 2020 2:59pm
** Shares of data analytics firm  DOMO.O  up as much as
26.7% at $47.25 in early trade - a record high
    ** DOMO forecasts smaller-than-expected loss for Q3 and
FY21; revenue estimates higher than Street expectations for same
period  urn:newsml:reuters.com:*:nBw7SPpKYa
    ** At least 5 brokerages raise PTs; median PT is $45.50 
    ** Brokerage Needham raises PT to $61 from $47, Street's
highest
    ** 4 out of 7 analysts rate stock "buy" or higher, while 3
rate "hold"
    ** Including session's gains, DOMO has more than doubled YTD

 (Reporting by Tiyashi Datta)
 ((tiyashi.datta@thomsonreuters.com))
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