Analysts Offer Insights on Technology Companies: The Descartes Systems Group (DSGX) and GlobalFoundries Inc (GFS)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on The Descartes Systems Group (DSGX – Research Report) and GlobalFoundries Inc (GFS – Research Report).
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The Descartes Systems Group (DSGX)
In a report released today, Kevin Krishnaratne from Scotiabank maintained a Buy rating on The Descartes Systems Group, with a price target of $115.00. The company’s shares closed last Monday at $92.39, close to its 52-week low of $87.20.
According to TipRanks.com, Krishnaratne is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Descartes Systems Group with a $113.80 average price target, which is a 22.0% upside from current levels. In a report issued on December 4, Raymond James also upgraded the stock to Buy with a $118.00 price target.
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GlobalFoundries Inc (GFS)
Citi analyst Christopher Danely maintained a Hold rating on GlobalFoundries Inc today. The company’s shares closed last Monday at $39.92, close to its 52-week low of $35.85.
According to TipRanks.com, Danely is a 5-star analyst with an average return of
Currently, the analyst consensus on GlobalFoundries Inc is a Hold with an average price target of $38.63, which is a -1.8% downside from current levels. In a report issued on December 3, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $40.00 price target.
