Argix Logistics Expands Technology Relationship With Descartes to Improve Execution and Enhance Service to Retailers

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Go back to Argix Logistics Expands Technology Relationship With Descartes to Improve Execution and Enhance Service to Retailers

Canaccord Genuity Raises Price Target on Descartes Systems Group (DSGX) Following 2Q16

September 11, 2015 8:51 AM EDT

Canaccord Genuity reiterated a Buy rating on Descartes (NASDAQ: DSGX), and raised the price target to $20.00 (from $18.00), following the company's 2Q16 earnings results. DSGX reported July quarter revenues of $45.2M compared to consensus' $45.23M estimate. EPS was reported in-line with consensus at $0.07.

Analyst David Hynes commented, "Descartes reported solid Q2/16... More