TD Securities kept a Buy rating on Descartes Systems (DSGX) with a $121 price target following a transfer of coverage. The firm believes the company’s “strong Q3 results lifted two major overhangs on the stock.” The quarter eased concerns around Descartes’ organic growth and its artificial intelligence disruption risk, the analyst tells investors in a research note.
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Read More on DSGX:
- Descartes Systems price target lowered to $115 from $127 at Scotiabank
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