Barclays upgraded Descartes Systems (DSGX) to Equal Weight from Underweight with a price target of $125, up from $88. The firm sees upside to the company’s Q4 and fiscal 2026 numbers following the acquisition of Sellercloud last month, and expects greater demand for Descartes solutions in the medium to long-term following the U.S. elections bringing about a change in administration. Barclays sees a path to mid-double-digit growth in fiscal 2026, and expects estimate revisions in the coming quarter.
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