Csquare (NYSE:CSQR) Rating Increased to Strong-Buy at Scotiabank

Scotiabank upgraded shares of Csquare (NYSE:CSQR) to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. initiated coverage on Csquare in a report on Monday, August 10th. They set a “neutral” rating and a $24.00 price objective for the company. BMO Capital Markets assumed coverage on Csquare in a research note on Monday, August 10th. They issued an “outperform” rating and a $26.00 target price on the stock. Bank of America started coverage on Csquare in a research report on Monday, August 10th. They set a “buy” rating and a $46.00 price target for the company. Wells Fargo & Company started coverage on shares of Csquare in a research note on Monday, August 10th. They set an “overweight” rating and a $25.00 price target for the company. Finally, Jefferies Financial Group upgraded shares of Csquare to a “strong-buy” rating in a report on Friday, August 14th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $28.44.

Csquare Stock Down 5.3%

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

About Csquare

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.