ATB Cormark Capital Markets downgraded shares of VerticalScope (TSE:FOR – Free Report) from a moderate buy rating to a hold rating in a research note released on Friday,Zacks reports.
Separately, Canaccord Genuity Group upgraded shares of VerticalScope from a “hold” rating to a “moderate buy” rating in a report on Sunday, August 16th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
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About VerticalScope
VerticalScope Inc. is a Canadian digital media and technology company that owns and operates a large portfolio of enthusiast-focused online communities and marketplaces. Publicly traded on the Toronto Stock Exchange under the symbol FOR, the company develops and monetizes niche websites and forums that attract passionate, specialty audiences across a range of interest areas. VerticalScope’s operations combine content, community and commerce. The company manages hundreds of websites and discussion forums that serve enthusiasts in categories such as automotive, powersports, RV, outdoor recreation and other specialty verticals.
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