Daktronics, and Canadian Solar have been highlighted as Zacks Bull and Bear of the Day
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2024
0mins
Source: NASDAQ.COM
- Daktronics (DAKT) and Canadian Solar (CSIQ): Zacks Equity Research highlights Daktronics as the Bull of the Day with strong growth potential, while Canadian Solar is identified as the Bear of the Day due to declining earnings estimates despite past performance.
- Oil Market Report: The International Energy Agency (IEA) revises global oil demand growth estimates for 2024 and 2025, contrasting with OPEC's more optimistic projections, indicating a delicate balance between supply constraints and evolving demand dynamics in the oil market.
Analyst Views on DAKT
Wall Street analysts forecast DAKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAKT is 32.00 USD with a low forecast of 32.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 21.970
Low
32.00
Averages
32.00
High
32.00
Current: 21.970
Low
32.00
Averages
32.00
High
32.00
No data
About DAKT
Daktronics, Inc. is a global designer and manufacturer of dynamic video communication displays and control systems for customers worldwide. Commercial segment consists of sales of its integrated video display systems, digital billboards, Galaxy and Fuelight product lines, and dynamic messaging systems. Live Events segment consists of sales of integrated scoring and video display systems, and sales of its mobile display technology to video rental organizations and other live event-type venues. High School Park and Recreation segment consists of sales of scoring systems, Galaxy displays and video display systems to primary and secondary education facilities and resellers. Transportation segment consists of sales of intelligent transportation systems, dynamic messaging signs for road management, mass transit, aviation applications and others. Its MicroLED fabrication offers advanced display solutions with pixel pitches for large-format video walls and medium-sized commercial displays.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
