UPDATE: Canaccord Genuity Reiterates Buy Rating, Lowers PT on Datalink Corporation

In a report published Friday, Canaccord Genuity reiterated its Buy rating on Datalink Corporation

, but lowered its price target from $12.00 to $10.00. Canaccord Genuity noted, “Given macro uncertainty, Datalink has seen several large customer push-outs in the last month of the quarter. As a result, guidance was lowered and we are lowering our estimates and price target. We reiterate a BUY rating as the company continues to see strong overall demand and a healthy data center solutions pipeline.” Datalink Corporation closed on Thursday at $8.58.