BMO Capital analyst Thanos Moschopoulos lowered the firm’s price target on Descartes Systems (DSGX) to $113 from $120 and keeps a Market Perform rating on the shares. The company can continue to deliver on its target of 10%-15% annual EBITDA growth, but tariff uncertainty might weigh on shipping volumes and organic growth in the near-term, the analyst tells investors in a research note.
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Read More on DSGX:
- Descartes Systems price target lowered to $130 from $133 at RBC Capital
- Cautious Outlook for The Descartes Systems Group Amid Mixed Signals and Macroeconomic Challenges
- Descartes Systems price target lowered to $137 from $145 at Stephens
- Strong Growth and Strategic Positioning Drive Buy Rating for The Descartes Systems Group
- Descartes Systems price target lowered to $118 from $125 at Barclays
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