UBS lowered the firm’s price target on Cogent (CCOI) to $75 from $102 and keeps a Buy rating on the shares. Cogent reported a softer start to 2025, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCOI:
- Cogent Communications Reports Q1 2025 Earnings and Dividend Increase
- Cogent Comms: Strategic Adjustments and Growth Potential Present a Buying Opportunity
- Cogent Communications’ Earnings Call: Mixed Sentiments and Future Prospects
- Cogent reports Q1 adjusted EBITDA $68.8M vs. $115.0M last year.
- Cogent price target lowered to $62 from $71 at Goldman Sachs