Descartes Systems initiated with an Overweight at Stephens

Stephens initiated coverage of Descartes Systems (DSGX) with an Overweight rating and $145 price target Descartes is pure play, vertical SaaS provider that serves as “a critical driver of greater digital enablement across the global logistics arena” and has “a long runway for steady growth” supported by the secular-driven offline-to-online dynamic, the analyst tells investors.