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Stock analysts at Needham & Company lifted their price target on shares of Datalink Corp. (NASDAQ:DTLK) from $14.00 to $16.00 in a report issued on Friday, Analyst Ratings Network reports. Needham & Company’s price objective points to a potential upside of 11.81% from the company’s current price.

A number of other firms have also recently commented on DTLK. Analysts at Lake Street Capital upgraded shares of Datalink Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday. Separately, analysts at Canaccord Genuity raised their price target on shares of Datalink Corp. from $16.00 to $17.00 in a research note to investors on Wednesday. Finally, analysts at TheStreet downgraded shares of Datalink Corp. from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $15.50.

Shares of Datalink Corp. (NASDAQ:DTLK) traded up 2.38% on Friday, hitting $14.65. The stock had a trading volume of 88,877 shares. Datalink Corp. has a 1-year low of $8.50 and a 1-year high of $15.33. The stock has a 50-day moving average of $10.88 and a 200-day moving average of $11.92. The company has a market cap of $332.1 million and a P/E ratio of 32.82.

Datalink Corp. (NASDAQ:DTLK) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.11. The company had revenue of $139.60 million for the quarter, compared to the consensus estimate of $144.70 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 33.2% on a year-over-year basis. On average, analysts predict that Datalink Corp. will post $0.86 earnings per share for the current fiscal year.

Datalink Corporation designs, deploys, manages, and supports infrastructures, such as servers, storage and networks.

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