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Cogent price target lowered to $40 from $52 at TD Cowen
TD Cowen lowered the firm’s price target on Cogent (CCOI) to $40 from $52 and keeps a Buy rating on the shares. The firm said they posted mixed results but trumped by a failure to sell the data centers messaged last call, lackluster Waves progress, and no longer disclosing key Waves funnel metrics.
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- Cogent price target lowered to $30 from $40 at Oppenheimer
- Cogent price target lowered to $22 from $25 at Citi
- Cogent Communications Balances Margin Gains With Debt Risks
- Cogent price target lowered to $21 from $27 at UBS
- Cogent’s Use of ARIN RPKI Boosts Routing Security but Adds New Systemic Risks, Analyst Warns
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