Csquare (NYSE:CSQR) Upgraded to “Strong-Buy” at Scotiabank

Csquare (NYSE:CSQR) was upgraded by investment analysts at Scotiabank to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

CSQR has been the topic of several other reports. Jefferies Financial Group upgraded Csquare to a “strong-buy” rating in a report on Friday, August 14th. TD Cowen began coverage on Csquare in a report on Monday, August 10th. They set a “buy” rating and a $28.00 price objective for the company. Wall Street Zen raised Csquare to a “hold” rating in a research report on Saturday, July 25th. JPMorgan Chase & Co. assumed coverage on Csquare in a research note on Monday, August 10th. They issued a “neutral” rating and a $24.00 target price on the stock. Finally, Bank of America began coverage on Csquare in a research report on Monday, August 10th. They set a “buy” rating and a $46.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $28.44.

Csquare Trading Down 5.3%

Shares of NYSE CSQR opened at $20.38 on Wednesday. Csquare has a 1 year low of $19.50 and a 1 year high of $23.50.

Csquare Company Profile

Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.