Csquare, Inc. was the subject of several new analyst ratings from major financial institutions. Morgan Stanley initiated coverage with an 'Overweight' rating and a $26 price target, citing the growing demand for digital infrastructure services. Similarly, Wells Fargo started coverage with an 'Overweight' rating and a $25 price target, expecting the company to outpace peer growth.
Bank of America Securities also initiated coverage with a 'Buy' rating and a notably high price target of $46, arguing that data center supply cannot keep pace with demand. On the more cautious side, JPMorgan initiated coverage with a 'Neutral' rating and a $24 price target, balancing growth potential against legacy asset quality and higher leverage. BMO Capital also began coverage with an 'Outperform' rating and a $26 target.