DHI Group price target raised to $3.50 from $3 at Lake Street

Lake Street analyst Eric Martinuzzi raised the firm’s price target on DHI Group (DHX) to $3.50 from $3 and keeps a Buy rating on the shares. The firm is “frustrated by the continued softness” in the Dice business, and notes that its lowered 2025 revenue estimate captures this sentiment, but its AEBITDA forecast remains unchanged due to the 8% workforce reduction announced on January 13. Given the company’s recent action to clearly segment and separate the Dice and ClearanceJobs businesses, the firm believes “a potentially accretive asset monetization could be in the cards,” the analyst tells investors.