RBC Capital Maintains Buy Rating for Descartes Systems Group with $126 Target

RBC Capital maintains a Buy rating for The Descartes Systems Group with a price target of $126.00, citing positive corporate insider activity and recent earnings. The company reported Q1 revenue of $168.74 million and net profit of $36.24 million, compared to $151.35 million and $34.67 million in the same period last year. TipRanks analyst consensus rating is Moderate Buy with a $116.99 average price target.