Cogent (COGT) Misses Q4 EPS by 29c

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Chardan Capital Markets Reiterates Buy on Cogent (COGT) Following 4Q

March 13, 2017 8:29 AM EDT

Chardan Capital Markets reiterated a Buy rating and $12.50 price target on Cogent (NASDAQ: COGT) following the company's 4Q earnings report. Q4 revenue of $54.2 million exceeded $53.7million estimates by 1%. Revenue guidance for this year was raised to a range of $233 to $239 million from the prior range... More