BofA Securities Downgrades Cogent Communications (CCOI) to Underperform

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Cogent Communications (CCOI) PT Raised to $82 at Citi

August 19, 2024 5:32 AM EDT

Citi analyst Michael Rollins raised the price target on Cogent Communications (NASDAQ: CCOI) to $82.00 (from $70.00) while maintaining a Buy rating.

The analyst comments "We are updating our model for Cogent for 2Q24 results. We are also updating our valuation to move... More