Fintel reports that on September 19, 2023, BTIG maintained coverage of DocGo (NASDAQ:DCGO) with a Buy recommendation.
Analyst Price Forecast Suggests 161.68% Upside
As of August 31, 2023, the average one-year price target for DocGo is 13.84. The forecasts range from a low of 12.12 to a high of $16.80. The average price target represents an increase of 161.68% from its latest reported closing price of 5.29.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for DocGo is 502MM, an increase of 11.12%. The projected annual non-GAAP EPS is 0.33.
What is the Fund Sentiment?
There are 286 funds or institutions reporting positions in DocGo. This is an increase of 8 owner(s) or 2.88% in the last quarter. Average portfolio weight of all funds dedicated to DCGO is 0.26%, an increase of 0.59%. Total shares owned by institutions increased in the last three months by 8.58% to 61,879K shares. 
The put/call ratio of DCGO is 0.27, indicating a bullish outlook.
What are Other Shareholders Doing?
Hood River Capital Management holds 5,736K shares representing 5.53% ownership of the company. In it's prior filing, the firm reported owning 5,565K shares, representing an increase of 2.99%. The firm increased its portfolio allocation in DCGO by 2.61% over the last quarter.
Deerfield Management Company, L.p. holds 3,059K shares representing 2.95% ownership of the company. No change in the last quarter.
HRSMX - Hood River Small-Cap Growth Fund Institutional Shares holds 2,759K shares representing 2.66% ownership of the company. In it's prior filing, the firm reported owning 2,537K shares, representing an increase of 8.05%. The firm increased its portfolio allocation in DCGO by 5.69% over the last quarter.
Portolan Capital Management holds 2,749K shares representing 2.65% ownership of the company. In it's prior filing, the firm reported owning 2,039K shares, representing an increase of 25.81%. The firm increased its portfolio allocation in DCGO by 35.73% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,537K shares representing 2.44% ownership of the company. No change in the last quarter.
DocGo Background Information
(This description is provided by the company.)
DocGo is a leading provider of mobile medical services and transportation in 26 US States and in the United Kingdom.
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