UPDATE: Mizuho Securities Starts CyrusOne (CONE) at Neutral

December 2, 2020 4:04 PM EST
Get Alerts CONE Hot Sheet
Price: $78.98 +1.36%

Rating Summary:
    17 Buy, 12 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 13 | New: 22
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(Updated - December 2, 2020 4:18 PM EST)

(updating comment)

Mizuho Securities analyst Omotayo Okusanya initiates coverage on CyrusOne (NASDAQ: CONE) with a Neutral rating, PT $74.00.

The analyst comments "...we forecast that CONE will have one of the weaker earnings growth profile amongst the five Data Center REITs in 2021. As such, the valuation discount may not close in a hurry barring a material shift in strategy at the company."

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

Shares of CyrusOne closed at $70.30 yesterday.

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