Stingray Digital Group Inc (TSE:RAY.A) had its price target increased by investment analysts at National Bank Financial from C$10.00 to C$11.00 in a research report issued to clients and investors on Thursday.

Several other analysts have also recently weighed in on the stock. TD Securities cut shares of Stingray Digital Group from a “buy” rating to a “hold” rating and raised their price objective for the company from C$9.50 to C$10.00 in a research report on Friday, September 8th. Desjardins lowered their price objective on shares of 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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About Stingray Digital Group

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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