Analysts Offer Insights on Communication Services Companies: Cogent Comms (CCOI) and Snap (SNAP)
Analysts fell to the sidelines weighing in on Cogent Comms (CCOI – Research Report) and Snap (SNAP – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Cogent Comms (CCOI)
UBS analyst Chris Schoell maintained a Hold rating on Cogent Comms yesterday and set a price target of $21.00. The company’s shares closed last Friday at $18.59.
According to TipRanks.com, Schoell is ranked #4086 out of 12109 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Cogent Comms with a $29.00 average price target, which is a 30.0% upside from current levels. In a report issued on February 20, Goldman Sachs also maintained a Hold rating on the stock with a $22.00 price target.
See the top stocks recommended by analysts >>
Snap (SNAP)
Morgan Stanley analyst Brian Nowak maintained a Hold rating on Snap on February 20 and set a price target of $6.50. The company’s shares closed last Friday at $5.14.
According to TipRanks.com, Nowak is a 4-star analyst with an average return of
Snap has an analyst consensus of Hold, with a price target consensus of $8.02, representing a 62.3% upside. In a report issued on February 6, Stifel Nicolaus also upgraded the stock to Hold with a $5.50 price target.
