Craig-Hallum Maintains Buy on Digi Intl, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Anthony Stoss maintains a Buy rating on Digi International (NASDAQ:DGII) but lowers the price target from $32 to $28.
August 08, 2024 | 4:02 pm
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Craig-Hallum analyst Anthony Stoss maintains a Buy rating on Digi International (NASDAQ:DGII) but lowers the price target from $32 to $28.
The maintained Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100