Barclays Upgrades Doximity Inc (DOCS) to Overweight, 'Sales Made Simple'

Barclays analyst Stephanie Davis upgraded Doximity Inc (NYSE: DOCS) from Equalweight to Overweight with a price target of $52.00 (from $35.00).

The analyst comments "We are upgrading DOCS to OW and raise our PT to $52 as we believe shares do not reflect the scale growth opportunity from the company's expansion into self-service ad sales. Paired with end market stabilization and a more measured forecasting philosophy, we see an inflection in growth."

For an analyst ratings summary and ratings history on Doximity Inc click here. For more ratings news on Doximity Inc click here.

Shares of Doximity Inc closed at $41.96 yesterday.

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