Barclays Sticks to Their Hold Rating for The Descartes Systems Group (DSGX)
In a report released today, Raimo Lenschow from Barclays maintained a Hold rating on The Descartes Systems Group, with a price target of $106.00.
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According to TipRanks, Lenschow is a 4-star analyst with an average return of 6.9% and a 53.58% success rate. Lenschow covers the Technology sector, focusing on stocks such as CoreWeave, Oracle, and Atlassian.
In addition to Barclays, The Descartes Systems Group also received a Hold from Morgan Stanley’s Chris Quintero in a report issued on November 20. However, on December 1, RBC Capital maintained a Buy rating on The Descartes Systems Group (NASDAQ: DSGX).
DSGX market cap is currently C$9.92B and has a P/E ratio of 49.03.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
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