Descartes Systems Group (DSGX) Reports In-Line Q2 EPS
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Canaccord Genuity Raises Price Target on Descartes Systems Group (DSGX) Following 2Q16
September 11, 2015 8:51 AM EDTCanaccord 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
