Pivotal Research Downgrades Cogent Communications (CCOI) to Hold - InvestingChannel

Pivotal Research Downgrades Cogent Communications (CCOI) to Hold

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Rating Summary:

8 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today’s Overall Ratings:

Pivotal Research downgraded Cogent Communications (NASDAQ: CCOI) from Buy to Hold with a price target of $26.50 on valuation. The firm said this is not a call on Q4 or 2013 earnings.

For an analyst ratings summary and ratings history on Cogent Communications click here. For more ratings news on Cogent Communications click here.

Shares of Cogent Communications closed at $24.31 yesterday, with a 52 week range of $14.50-$24.33.

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