DA Davidson Upgrades Deluxe Corp (DLX) to Buy, Maintains $26 Target

DA Davidson's John Kraft upgraded shares of Deluxe Corp (NYSE: DLX) from Neutral to Buy Wednesday afternoon. The analyst maintained a $26 price target.

The analyst believes the stock has "drifted into attractive territory." Shares are down about 20 percent since a peak at the beginning of February. "As the shares diverged from market indices, we believe the company has been strengthening its fundamental market position."

With shares of Deluxe up 2.7 percent to $22.08 at last check, DA Davidson's price target represents potential upside of about 18 percent.

For an analyst ratings summary and ratings history on Deluxe Corp click here. For more ratings news on Deluxe Corp click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Freedom Broker Upgrades Serve Robotics (SERV) to Buy
• Canaccord Upgrades HLS Therapeutics (HLS:CN) (HLTRF) to Buy
• CIBC Upgrades PRO REIT (PRV-U:CN) to Outperformer