Stock Watch: Analyst Upgrade Powers DigitalThink

DigitalThink (Nasdaq: DTHK) jumped 6 15/16 to 40 15/16 Tuesday after Goldman Sachs upgraded the stock to trading buy from market perform.

DigitalThink saw revenue for the first quarter ended June 30th jump to $6.3 million from $1.2 million a year earlier. The company said it added 41 new customers — including General Electric Co., Red Hat and Visa — during the quarter.

The San Francisco-based company makes online education programs for businesses.

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