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Descartes Systems price target lowered to $113 from $120 at BMO Capital
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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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