BofA lowered the firm’s price target on Cogent to $70 from $75 and keeps a Neutral rating on the shares after updating its model for Q1 earnings.
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Read More on CCOI:
- Cogent price target lowered to $78 from $84 at TD Cowen
- Cogent price target lowered to $80 from $88 at KeyBanc
- Cogent increases quarterly dividend to 97.5c per share
- Cogent reports Q1 EPS ($1.38), consensus ($1.17)
- Cogent Communications Reports First Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock