JP Morgan Maintains Neutral on Cogent Comms Hldgs, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick has maintained a Neutral rating on Cogent Communications Holdings (NASDAQ:CCOI) and lowered the price target from $74 to $73.
March 06, 2024 | 4:08 pm
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NEUTRAL IMPACT
JP Morgan analyst Philip Cusick maintains a Neutral rating on Cogent Communications Holdings and lowers the price target from $74 to $73.
The adjustment in price target by a major analyst like JP Morgan could influence investor sentiment but the unchanged Neutral rating suggests no significant change in the company's fundamentals or outlook. Therefore, the impact on the stock price is likely to be limited in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100