Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Cogent price target lowered to $40 from $52 at TD Cowen

Tipranks - Tue Feb 24, 7:48AM CST

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.

Claim 50% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.