DTL – ABN Amro rates the stock as Downgrade to Hold from Buy

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Company is going well, as proven by the Q1 release, and the outlook for the IT industry remains buoyant, it's just that the share price has run up strongly as well, the broker explains the recommendation downgrade. Sector: Software & Services.

Target price is $7.88.Current Price is $7.77. Difference: $0.11 – (brackets indicate current price is over target). If DTL meets the ABN Amro target it will return approximately 1% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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