Noble Financial analyst Michael Kupinski initiated coverage with a Buy rating on Digerati Technologies (DTGI – Research Report) today and set a price target of $0.23. The company’s shares closed last Monday at $0.17.
According to TipRanks.com, Kupinski is a 5-star analyst with an average return of 19.3% and a 51.4% success rate. Kupinski covers the Services sector, focusing on stocks such as Esports Entertainment Group, Salem Communications, and Townsquare Media.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Digerati Technologies with a $0.23 average price target.
The company has a one-year high of $0.24 and a one-year low of $0.03. Currently, Digerati Technologies has an average volume of 401.3K.
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Digerati Technologies, Inc. is a holding company. The firm through its subsidiaries engages in the provision of cloud telephony services. Its services include fully hosted IP/PBX, mobile applications, voice over Internet protocol (VoIP) transport, SIP trunking, and customized VoIP services. The company was founded by Arthur L. Smith on December 17, 1993 and is headquartered in San Antonio, TX.