Stock Track | Descartes Systems Group Soars 5.15% in Pre-Market After Raymond James Upgrade

Stock Track
2025/12/04

Descartes Systems Group (DSGX) saw its stock surge 5.15% in pre-market trading on Thursday following an upgrade by Raymond James. The analyst firm raised its rating on the Canadian software company from Market Perform to Outperform, maintaining a price target of US$118.

Analyst Steven Li noted that Descartes' services organic growth rebounded to ~7% at constant currency, despite challenges in transactional revenues tied to economic activity. Li also highlighted the company's strong A-EBITDA margins of ~46% and its attractive valuation, trading near the bottom of its 10-year EBITDA multiple range.

The upgrade suggests optimism about Descartes' performance as freight markets recover, with positive indicators such as strong Black Friday and Cyber Monday numbers.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10