RE:Mgmt circ on sedar More DD
It appears Echelon downgraded Pivot in April 2020 to speculative buy from buy. (COVID Concerns?) and I believe the target price was dropped to $2.40 CDN.
Raymond James 2021 eps estimate for Converge is $0.29
| | Pivot | Converge |
| Target Price | $2.600 | $2.800 |
| 2021 eps | $0.220 | $0.290 |
| Forward p/e | 11.82 | 9.66 |