MoffettNathanson Maintains Buy on Cogent Comms Hldgs, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Nick DelDeo maintains a Buy rating on Cogent Communications Holdings (CCOI) and raises the price target from $95 to $105.
March 11, 2024 | 11:33 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MoffettNathanson reaffirms a Buy rating on Cogent Communications Holdings and increases the price target to $105.
The upgrade in the price target by a reputable analyst firm like MoffettNathanson suggests a strong confidence in Cogent Communications Holdings' future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100