Canaccord Genuity Sticks to Its Buy Rating for The Descartes Systems Group (DSGX)
Canaccord Genuity analyst maintained a Buy rating on The Descartes Systems Group today and set a price target of $110.00.
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In addition to Canaccord Genuity, The Descartes Systems Group also received a Buy from CIBC’s Stephanie Price in a report issued today. However, yesterday, Barclays maintained a Hold rating on The Descartes Systems Group (NASDAQ: DSGX).
Based on The Descartes Systems Group’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of C$179.82 million and a net profit of C$38.02 million. In comparison, last year the company earned a revenue of C$163.43 million and had a net profit of C$34.68 million
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
Read More on DSGX:
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