Jefferies Starts Cogent Communications (CCOI) at Buy

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Jefferies initiates coverage on Cogent Communications (NASDAQ: CCOI) with a Buy. PT $21.00.

The firm notes "We are positive on Cogent Communications due to its competitive positioning, attractive growth profile and shareholder friendly board of directors and management team."

For an analyst ratings summary and ratings history on Cogent Communications click here. For more ratings news on Cogent Communications click here.

Shares of Cogent Communications closed at $16.24 yesterday, with a 52 week range of $11.38-$17.99.

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