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Doximity price target raised to $49 from $35 at Truist

Truist analyst Jailendra Singh raised the firm’s price target on Doximity (DOCS) to $49 from $35 and keeps a Hold rating on the shares. The firm is updating its model after the company’s Q2 earnings beat and above-consensus outlook, also raising its FY25 EBITDA view by $23M to $279M and its FY25 view by $32M to $311M.

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