Maxim downgraded Data Storage (DTST) to Hold from Buy. The firm is citing the lack of visibility into the company’s strategic reset to pursue new business opportunities, the analyst tells investors in a research note. Maxim adds that it is lowering its 2025 and 2026 estimates to account for the divestiture of CloudFirst, which was the majority of revenue.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DTST: