These Analysts Slash Their Forecasts On Cogent Communications After Q4 Results

Benzinga
02/24

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) reported mixed results for the fourth quarter on Friday.

Cogent Communications reported quarterly losses of 64 cents per share which beat the analyst consensus estimate of losses of 95 cents per share. The company reported quarterly sales of $240.518 million which missed the analyst consensus estimate of $247.465 million.

Cogent Communications shares fell 8.1% to trade at $17.08 on Monday.

These analysts made changes to their price targets on Cogent Communications following earnings announcement.

  • Keybanc analyst Brandon Nispel maintained the stock with an Overweight rating and lowered the price target from $30 to $25.
  • Oppenheimer analyst Timothy Horan maintained the stock with an Outperform rating and cut the price target from $40 to $30.

Considering buying CCOI stock? Here’s what analysts think:

Photo via Shutterstock

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10