Zacks upgraded shares of Digital River (NASDAQ: DRIV) from a neutral rating to an outperform rating in a report issued on Wednesday morning, AnalystRatingsNetwork reports. The firm currently has $20.50 price target on the stock.
Shares of Digital River (NASDAQ: DRIV) opened at 19.00 on Wednesday. Digital River has a one year low of $12.80 and a one year high of $19.31. The stock’s 50-day moving average is currently $17.78. The company’s market cap is $624.6 million.
A number of other firms have also recently commented on DRIV. Analysts at TheStreet upgraded shares of Digital River from a sell rating to a hold rating in a research note to investors on Wednesday, June 12th. Analysts at Bank of America downgraded shares of Digital River from a buy rating to an underperform rating in a research note to investors on Friday, May 3rd.
Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $17.83.
Digital River, Inc (NASDAQ: DRIV) provides end-to-end global cloud-commerce and marketing solutions to a range of companies in software, consumer electronics, computer games, video games and other markets.
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