Assessing Digi Intl: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
Five analysts have recently provided their ratings on Digi Intl (NASDAQ:DGII), showing a mix of bullish and somewhat bullish perspectives. The average 12-month price target is now $37.8, a 19.01% decrease from the previous $46.67. Analyst actions include adjustments to ratings and price targets, reflecting dynamic market conditions and company performance. Digi Intl's financial performance indicates positive revenue growth and strong profitability, despite a below-industry average ROE and a prudent approach to debt management.
February 05, 2024 | 5:00 pm
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Digi Intl has received mixed analyst ratings, with a downward adjustment in the average 12-month price target to $37.8. The company shows positive revenue growth and strong profitability metrics.
The mixed analyst ratings and the reduction in the average price target suggest a cautious outlook from analysts, despite Digi Intl's positive revenue growth and profitability. The cautious score reflects the uncertainty in how the market will react to these mixed signals.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100