Goldman Sachs Downgrades InterXion Holding (INXN) to Neutral

Goldman Sachs downgraded InterXion Holding (NYSE: INXN) from Buy to Neutral with a price target of $31.00 (unchanged). The downgrade follows outperformance compared to European peers.

Analyst S.K.Prasad Borra said, "There are no changes to our fundamental view that the company offers a good combination of strong top-line growth, defensive revenue and strategic appeal (attractive M&A target for global telco/ colocation vendors expanding into Europe). We continue to see it as a beneficiary of the attractive dynamics in the European colocation market and positive traction in the cloud segment."

For an analyst ratings summary and ratings history on InterXion Holding (NYSE: INXN) click here. For more ratings news on InterXion Holding click here.

Shares of InterXion Holding closed at $27.47 yesterday.

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