Csquare (NYSE:CSQR) Stock Rating Lowered by Wall Street Zen

Csquare (NYSE:CSQR) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

CSQR has been the topic of several other research reports. Jefferies Financial Group upgraded shares of Csquare to a “strong-buy” rating in a research note on Friday, August 14th. JPMorgan Chase & Co. started coverage on Csquare in a report on Monday, August 10th. They issued a “neutral” rating and a $24.00 price target on the stock. Morgan Stanley initiated coverage on Csquare in a research report on Monday, August 10th. They issued an “overweight” rating and a $26.00 price objective for the company. Weiss Ratings assumed coverage on Csquare in a research report on Monday, October 12th. They issued a “sell (d)” rating for the company. Finally, TD Cowen initiated coverage on Csquare in a report on Monday, August 10th. They set a “buy” rating and a $28.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Csquare currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.44.

Csquare Price Performance

Csquare stock opened at $16.02 on Friday. The business’s fifty day moving average is $18.64. Csquare has a 52-week low of $15.52 and a 52-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.