Stock Rating Upgrade
In recent days the Value Trend Rating for Daktronics Inc (NASDAQ: DAKT) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Daktronics Inc (NASDAQ: DAKT) stock enjoyed a large increase of 3.2% on 12/13/24. The stock closed at $17.62. Moreover, trading volume in this advance was above average at 139% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -8.3% during the last week.
Current PriceTarget Research Rating
Daktronics has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Daktronics has a slightly negative Appreciation Score of 39 but a very high Power Rating of 88, with the Positive Value Trend Rating the result.
Be the first to comment