VerticalScope (TSE:FOR) Cut to Hold at ATB Cormark Capital Markets

VerticalScope (TSE:FOR – Get Free Report) was downgraded by ATB Cormark Capital Markets from a “moderate buy” rating to a “hold” rating in a research note issued on Friday, Zacks reports.

Separately, Canaccord Genuity Group raised VerticalScope from a “hold” rating to a “moderate buy” rating in a research note on Sunday, August 16th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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VerticalScope Company Profile

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VerticalScope Inc. is a Canadian digital media and technology company that owns and operates a large portfolio of enthusiast-focused online communities and marketplaces. Publicly traded on the Toronto Stock Exchange under the symbol FOR, the company develops and monetizes niche websites and forums that attract passionate, specialty audiences across a range of interest areas. VerticalScope’s operations combine content, community and commerce. The company manages hundreds of websites and discussion forums that serve enthusiasts in categories such as automotive, powersports, RV, outdoor recreation and other specialty verticals.

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