KeyBanc Upgrades CoreSite Realty (COR) to Overweight

KeyBanc upgraded CoreSite Realty (NYSE: COR) from Sector Weight to Overweight with a price target of $110.00.

Analyst Jordan Sadler comments "We anticipate COR will deliver steady, premium AFFO growth driven by continued lease signings and investment in new development. While COR’s 2018 AFFO growth is poised to slow from the heady 15-20% per year pace achieved over the last several years, the “relaunch” management described as taking place in 2018 should reposition the Company to once again deliver mid-teens growth."

For an analyst ratings summary and ratings history on CoreSite Realty click here. For more ratings news on CoreSite Realty click here.

Shares of CoreSite Realty closed at $98.19 yesterday.

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