Digi International (DGII) Price Target Raised to $50 as FY26 Outlook Signals Underlying Strength
We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On February 5, Craig-Hallum raised its price target on Digi International Inc. (NASDAQ:DGII) to 45 and reiterated a Buy rating, citing management’s confidence in acquisition integration, strong growth in its Cellular Solutions segment, and resilience following a tariff pause. The firm characterized the company’s raised fiscal 2026 guidance as potentially conservative relative to underlying momentum. The c ...