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DHI Group downgraded to Hold from Buy at Lake Street

Lake Street downgraded DHI Group (DHX) to Hold from Buy with a price target of $3, down from $3.50, after revenue declined by 11% year-over-year and total bookings were down 10% in Q2. The firm, which does not expect Dice bookings growth until a broader turn in the tech hiring market, now expects the segment to decline double-digits through 2025 and 2026.

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