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.
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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