eResearch
eResearch sees over 100% upside for DATA Communications stock based on growth and synergies from the Moore Canada deal, noted eResearch analyst Chris Thompson.
This result in Q3/23 is in large part due to the acquisition of another firm earlier in the year and the resulting synergies, noted an eResearch report.
In Q2/23 the company began to realize synergies from its recent acquisition, which boosted revenue and cash flow, noted an eResearch report.
The strategic merger between these two Canadian entities should enhance the acquirer's "capabilities and growth potential," noted an eResearch Corp. report.