Morgan Stanley Identifies Doximity as Undervalued Opportunity Amid Strong User Engagement
ByAinvest
Sunday, Jan 11, 2026 10:54 pm ET1min read
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Morgan Stanley upgraded Doximity (DOCS) to Overweight from Equal Weight with a price target of $65, citing strong engagement and conservative guidance. Barclays initiated coverage with an Overweight rating and $63 price target. The company's focus on AI has yielded significant user engagement, with AI Scribe users nearly tripling between Q1 2026 and Q2 2026.
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