Morgan Stanley analyst Chris Quintero upgraded Descartes Systems (DSGX) to Overweight from Equal Weight with a price target of $110, up from $88. The firm says that with “trough” shipping volumes likely behind the company, its organic growth will continue to accelerate into 2026. Descartes continues to take market share, lap easy compares, and will benefit from professional services refresh cycle, the analyst tells investors in a research note.
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