Demandware Price Target Raised On ‘Solid’ Trends

By | December 17, 2013

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Demandware (DWRE) stock might “triple in five years,” says an analyst who boosted his price target on Tuesday. Demandware stock was up a fraction in midday trading in the stock market today, and it’s doubled since May. Publicly trading since March 2012, Demandware stock hit its high of 65.17 on Nov. 18 and is trading near 61. It sports an excellent IBD Relative Strength Rating of 97. Canaccord Genuity analyst Richard Davis wrote in a Tuesday Scalper1 News

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