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.

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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.

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