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Digi International price target raised to $40 from $38 at Roth Capital

Roth Capital raised the firm’s price target on Digi International (DGII) to $40 from $38 and keeps a Buy rating on the shares. The company reported another solid quarter with “conservative” guidance, the analyst tells investors in a research note. The firm believes Digi continues to post “healthy” results in a complex operating environment.

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