TeraGo Inc. (TGO) PT Lowered to C$5.00
TeraGo Inc. (TSE:TGO) had its price target decreased by equities research analysts at TD Securities from C$5.50 to C$5.00 in a note issued to investors on Thursday. The brokerage presently has a “hold” rating on the stock. TD Securities’ price target would suggest a potential upside of 17.65% from the company’s current price.
TeraGo (TGO) opened at C$4.25 on Thursday. TeraGo has a 1-year low of C$3.55 and a 1-year high of C$5.16.
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Terago Inc, through its subsidiaries, provides businesses across Canada with data and voice communications services, data center colocation and hosting services through its approximately seven data centers, as well as cloud Infrastructure as a Service (IaaS) computing and storage solutions. With respect to its data and voice communications services, the Company owns and operates a carrier-grade, MultiProtocol Label Switching (MPLS)-enabled fixed wireless, Internet protocol (IP) communications network in Canada targeting businesses that require Internet access and data connectivity services.
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