Goldman Sachs Initiates Coverage On Cogent Comms Hldgs with Neutral Rating, Announces Price Target of $56
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Cogent Communications Holdings (NASDAQ: CCOI) with a Neutral rating and a price target of $56.
July 01, 2024 | 9:36 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Cogent Communications Holdings with a Neutral rating and a price target of $56.
The Neutral rating suggests that Goldman Sachs does not expect significant short-term movement in the stock price. The price target of $56 provides a benchmark for investors but does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100