BUZZ-Doximity rises after <a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> upgrades to 'equal weight' ** Telehealth company Doximity's DOCS.N shares up ~1.8% at $53.81 premarket
** Morgan Stanley upgrades to "equal weight" from "underweight" rating; raises PT to $53 from $33
** Brokerage says co's outgrowth relative to the industry had been narrowing since outsized performance during Covid, but appears to be widening again in 2024
** 8 of 18 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $60 - LSEG data
** As of last close, stock up ~88.5% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments