Maxim Group Upgrades DarkHorse Technologies (NASDAQ:DRK) to “Strong-Buy”

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

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

DarkHorse Technologies Trading Down 4.9%

Shares of DRK opened at $1.93 on Wednesday. DarkHorse Technologies has a one year low of $1.08 and a one year 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.