UPDATE: Lake Street Capital Markets Reiterates Buy Rating, Raises PT on Datalink Corporation on Expected Good Q1 Results

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In a report published Monday, Lake Street Capital Markets analyst Eric Martinuzzi reiterated a Buy rating on Datalink Corporation
DTLK
, and slightly raised the price target from $12.00 to $13.00. In the report, Martinuzzi noted, “We expect Datalink's Q1 saw good follow-through on the same trend that drove Q4—solid demand for virtualized data center projects. We believe the company continues to be a prolific seller/installer/supporter of integrated data center products such as FlexPod (NetApp + Cisco + VMware) and Vblock (EMC + Cisco + VMware). We reiterate our BUY rating and raise our price target to $13 from $12.” Datalink Corporation closed on Friday at $11.06.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsLake Street Capital Markets
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