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Digital River (NASDAQ:DRIV) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Tuesday, Stock Ratings reports. They currently have a $15.60 target price on the stock. Zacks‘ price target indicates a potential downside of 4.70% from the stock’s previous close.

Separately, analysts at Thomson Reuters/Verus upgraded shares of Digital River from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $18.65.

Digital River (NASDAQ:DRIV) traded up 1.65% on Tuesday, hitting $16.64. The stock had a trading volume of 151,154 shares. Digital River has a 1-year low of $12.80 and a 1-year high of $20.29. The stock’s 50-day moving average is $17.9 and its 200-day moving average is $17.76. The company’s market cap is $511.8 million.

Digital River (NASDAQ:DRIV) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $101.24 million for the quarter, compared to the consensus estimate of $98.33 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts expect that Digital River will post $0.39 EPS for the current fiscal year.

Digital River, Inc (NASDAQ:DRIV) provides end-to-end global cloud-commerce and marketing solutions to a range of companies in software, consumer electronics, computer games, video games and other markets.

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