Lightspeed Pos (TSE:LSP) Downgraded by Royal Bank of Canada

Royal Bank of Canada lowered shares of Lightspeed Pos (TSE:LSP) from a moderate buy rating to a strong sell rating in a research note published on Thursday, Zacks.com reports.

Separately, Cibc World Mkts upgraded Lightspeed Pos from a hold rating to a strong-buy rating in a research report on Friday, May 24th.

Lightspeed Pos Stock Performance

Lightspeed Pos (TSE:LSP) last issued its quarterly earnings results on Thursday, May 16th. The company reported C$0.01 earnings per share for the quarter, topping the consensus estimate of C($0.20) by C$0.21. The business had revenue of C$310.36 million during the quarter, compared to analysts’ expectations of C$303.91 million.