Stingray Digital Group Inc (TSE:RAY.A) was downgraded by investment analysts at TD Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday. They presently have a C$10.00 target price on the stock, up from their previous target price of C$9.50.

Separately, Desjardins lowered their target price on Stingray Digital Group from C$9.70 to C$9.00 and set a “buy” rating on the stock in a research report on Friday, June 9th.

WARNING: This story was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at

Stingray Digital Group Company Profile

Stingray Digital Group Inc is a business-to-business (B2B) music products, services and content provider. The Company broadcasts music and video content on various platforms, including digital television, satellite television, Internet Protocol television (IPTV), the Internet, mobile devices and game consoles.

Receive News & Ratings for Stingray Digital Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stingray Digital Group Inc and related companies with's FREE daily email newsletter.