BMO Capital Markets Cuts Converge Technology Solutions (TSE:CTS) Price Target to C$8.00
Converge Technology Solutions (TSE:CTS - Get Rating) had its target price cut by investment analysts at BMO Capital Markets from C$9.00 to C$8.00 in a note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets' price objective suggests a potential upside of 69.85% from the company's current price.A number of other brokerages have also issued reports on CTS. TD Securities upgraded shares of Converge Technology Solutions from a "hold" rating to a "buy" rating and decreased their target price for the stock from C$8.50 to C$6.50 in a research report on Thursday. Eight Capital decreased their target price on shares of Converge Technology Solutions from C$11.00 to C$10.00 in a research report on Thursday. Canaccord Genuity Group decreased their target price on shares of Conve...