Needham & Company Maintains a 'Buy' on Datalink (DTLK); 4Q11 Business Continues Strong with Solid Pipeline into 1Q

Needham & Company maintains a 'Buy' on Datalink Corporation (NASDAQ: DTLK) price target of $12.00.

Needham analyst says, "DTLK appears well positioned to continue benefiting from next-gen datacenter refresh and strategic projects. DTLK has been broadening and enhancing its storage expertise to include servers, IP networking/fabric convergence and virtualization while improving its growth trajectory and operating leverage. Incentra acquisition (Dec.’09) and recently announced Midwave acquisition advance this datacenter solution agenda. Company execution appears solid with operating leverage evident. No exposure to EMEA, Public Sector or large Banks somewhat shelters DTLK
from current macro concerns."

For an analyst ratings summary and ratings history on Datalink Corporation click here. For more ratings news on Datalink Corporation click here.

Shares of Datalink Corporation closed at $7.67 yesterday.

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