From Yahoo Finance: 2025-06-28 05:15:00

CS Disco Inc. (NYSE:LAW) is listed as one of the 10 best debt-free IT penny stocks to buy. Canaccord Genuity analyst David Hynes reaffirmed a Buy rating with a price target of $9. The company is shifting focus to larger enterprises for complex legal matters, potentially improving sales execution and growth. CEO Eric Friedrichsen’s leadership is seen as a positive factor.

Hynes believes CS Disco’s strategy could lead to long-term improvement despite current profitability challenges. The company offers an AI-powered cloud platform for eDiscovery and legal document review. While considered an investment opportunity, there are other AI stocks with greater upside potential and lower risk. Investors are advised to monitor CS Disco’s progress as its strategy unfolds.



Read more at Yahoo Finance: CS Disco (LAW) Earns Canaccord’s Confidence with Enterprise-Focused Strategy