Stifel downgraded D2L (DTLIF) to Hold from Buy with a price target of C$12.75, down from C$19. Software is facing an unprecedented selloff and while the firm believes escalating AI disruption fears are “overblown,” it sees opportunity for more selective positioning and downgrades five Canadian tech names it sees as “show-me, AI laggard stories.”
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Read More on DTLIF:
- D2L, Inc. Earnings Call: Mixed Outlook with Growth and Challenges
- D2L price target lowered to C$20 from C$23 at CIBC
- D2L price target lowered to C$20 from C$22 at Canaccord
- D2L price target lowered to C$19 from C$22 at Stifel
- D2L’s Mixed Financial Signals: Hold Rating Amid Revenue Challenges and Growth Potential