Stephens & Co. Maintains Overweight on Digi Intl, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Tommy Moll maintains an Overweight rating on Digi Intl (NASDAQ:DGII) and raises the price target from $40 to $45.
February 05, 2024 | 4:08 pm
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POSITIVE IMPACT
Stephens & Co. analyst Tommy Moll maintains an Overweight rating on Digi Intl and raises the price target from $40 to $45.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100