Goldman Sachs Upgrades Cogent Comms Hldgs to Neutral, Raises Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Brett Feldman has upgraded Cogent Comms Hldgs (NASDAQ:CCOI) from Sell to Neutral and raised the price target from $43 to $64.
August 21, 2023 | 8:45 am
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Cogent Comms Hldgs has been upgraded from Sell to Neutral by Goldman Sachs, with a raised price target of $64.
The upgrade from Sell to Neutral by Goldman Sachs indicates a more positive outlook for Cogent Comms Hldgs. The raised price target from $43 to $64 suggests that the analyst sees potential for the stock's price to increase, which could positively impact the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100