Canaccord Genuity Reiterates a 'Buy' on Datalink (DTLK); Strong Execution Continues
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Price: $11.24 --0%
Rating Summary:
3 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiterates a 'Buy' on Datalink Corporation (NASDAQ: DTLK) price target of $12.00.
Analyst, Bobby Bureson, said, "We reiterate our rating following strong top-line results and guidance, and a largely in-line view for EPS, as we expect Datalink to reverse near-term margin trends as the company benefits from increasing customer wallet share through its diversified storage, server and networking offering. Increasing share should also include the continued adoption of their one call support service across Datalink's existing customer base. Upside to estimates may come from solid execution on driving growth in this and other services revenue, as well as relief from near-term product mix headwinds."
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 $9.95 yesterday.
Analyst, Bobby Bureson, said, "We reiterate our rating following strong top-line results and guidance, and a largely in-line view for EPS, as we expect Datalink to reverse near-term margin trends as the company benefits from increasing customer wallet share through its diversified storage, server and networking offering. Increasing share should also include the continued adoption of their one call support service across Datalink's existing customer base. Upside to estimates may come from solid execution on driving growth in this and other services revenue, as well as relief from near-term product mix headwinds."
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 $9.95 yesterday.
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