skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CTS: Hi there, your thoughts on CTS post results on Nov 12? [Converge Technology Solutions Corp.]

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi there, your thoughts on CTS post results on Nov 12?

Looks like the stock has had a nice run back up to 3.60 from 2.90, is it possible that 3.00 is now established as the bottom?

Anything you found interesting from the results or conf. call that would have the markets push the stock back up from 2.90?

Is it still considered cheap based on 3Q results and 4Q/full year guidance?

Can you please provide adjusted rating upgrades/downgrades by analysts after 3Q results?

Thanks!
Asked by Hussein on November 18, 2024
5i Research Answer:
Average target is now $5.04. Post-earnings, Scotiabank lowered its rating from $5 to $4. At less...
Sign up today for a free 14-day trial and continue your reading!

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!