DHI Group price target raised to $10-$13 from $7 at Barrington

Barrington analyst Gary Prestopino raised the firm’s price target on DHI Group (DHX) to a range of $10-$13 from $7 and keeps an Outperform rating on the shares post the Q1 report. The company continues to control the growth of operating expenses in response to a challenging market environment, the analyst tells investors in a research note. The firm says DHI’s reporting at the segment level highlights the “significant undervaluation” of the business.