TD Securities Upgrades Converge Technology Solutions (OTCMKTS:CTSDF) to “Buy”

Converge Technology Solutions (OTCMKTS:CTSDFGet Rating) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

CTSDF has been the subject of several other reports. Scotiabank lowered their price objective on shares of Converge Technology Solutions from C$12.00 to C$11.00 in a research note on Friday, October 28th. National Bank Financial cut their target price on shares of Converge Technology Solutions from C$14.00 to C$12.00 in a research note on Thursday, July 21st. Finally, BMO Capital Markets began coverage on shares of Converge Technology Solutions in a research note on Wednesday, September 7th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Converge Technology Solutions presently has an average rating of “Moderate Buy” and an average price target of $9.63.

Converge Technology Solutions Trading Up 14.0 %

Shares of Converge Technology Solutions stock opened at $3.51 on Thursday. The stock has a 50 day moving average of $4.48 and a 200 day moving average of $4.84. Converge Technology Solutions has a fifty-two week low of $2.95 and a fifty-two week high of $9.96.

Converge Technology Solutions Company Profile

(Get Rating)

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions for corporate and government institutions in the United States and Canada. Its solutions approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.

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Analyst Recommendations for Converge Technology Solutions (OTCMKTS:CTSDF)

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