DarkHorse Technologies (NASDAQ:DRK) Stock Lifted to Strong-Buy by Maxim Group

DarkHorse Technologies (NASDAQ:DRK) was upgraded by equities researchers at Maxim Group to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

Separately, Weiss Ratings initiated coverage on DarkHorse Technologies in a report on Wednesday. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, DarkHorse Technologies has an average rating of “Moderate Buy” and a consensus price target of $6.00.

DarkHorse Technologies Stock Down 4.9%

DarkHorse Technologies stock opened at $1.93 on Wednesday. DarkHorse Technologies has a 12 month low of $1.08 and a 12 month high of $8.37.

DarkHorse Technologies Company Profile

Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage.