Digi International price target raised to $50 from $45 at Roth Capital

Roth Capital analyst Scott Searle raised the firm’s price target on Digi International (DGII) to $50 from $45 and keeps a Buy rating on the shares following the fiscal Q4 report. The firm says that after two years of headwinds, Digi is forecasting a return to double-digit growth in fiscal 2026. The company reported an “across-the-board” Q4 beat, as strong demand began to convert across a broad spectrum of products and end markets, the analyst tells investors in a research note.