CyrusOne (CONE) Tops Q1 FFO by 4c

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CyrusOne (CONE) PT Raised to $60 at Stifel Following 1Q

May 5, 2017 7:35 AM EDT

Stifel raised its price target on CyrusOne (NASDAQ: CONE) to $60.00 (from $56.00) while maintaining a Buy rating. CONE delivered solid 1Q results, topping consensus EBITDA and FFO expectations while signing 18 MW / $32M GAAP annualized rent.

Stifel increased 2017 FFO estimates by $0.05 to $3.05, reflecting an increase... More