Csquare (NYSE:CSQR) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Csquare (NYSE:CSQR) from a hold rating to a sell rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Several other research analysts have also commented on CSQR. TD Cowen began coverage on shares of Csquare in a research note on Monday, August 10th. They set a “buy” rating and a $28.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on shares of Csquare in a research report on Monday, August 10th. They set a “neutral” rating and a $24.00 price objective on the stock. Royal Bank Of Canada initiated coverage on shares of Csquare in a research report on Monday, August 10th. They set an “outperform” rating and a $24.00 price objective on the stock. Bank of America started coverage on shares of Csquare in a research note on Monday, August 10th. They issued a “buy” rating and a $46.00 target price on the stock. Finally, Scotiabank upgraded shares of Csquare to a “strong-buy” rating in a report on Wednesday, August 19th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $28.44.

Csquare Stock Performance

NYSE CSQR opened at $15.89 on Friday. The firm’s 50 day moving average is $18.53. Csquare has a fifty-two week low of $15.44 and a fifty-two week 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.