DHI Group price target lowered to $9 from $10 at B. Riley

B. Riley analyst Zach Cummins lowered the firm’s price target on DHI Group to $9 from $10 and keeps a Buy rating on the shares following the Q4 results. While the initial fiscal 2023 outlook will likely weigh on the stock in the near term, continued momentum with ClearanceJobs and improving activity with Dice’s new business teams represent potential upside levers to the reset expectations that can help drive shares higher over the next 6-12 months, the analyst tells investors in a research note.