-
S&P Downgrades Cogent (COGT) to Hold from Buy
Tuesday, August 31, 2010 - 11:20am | 137Read More...S&P Downgraded Cogent (NASDAQ: COGT) to Hold from Buy, yesterday. They think that 3M’s (NYSE: MMM) purchase price for Cogent is a bit low. Here are some quotes from the report: “3M (NYSE: MMM) agreed to purchase (NASDAQ: COGT) for $10.50 per share, or about $943M in total (net of $430M in net...
-
Cogent Communications (CCOI) Neutral Rating Reiterated
Thursday, February 25, 2010 - 10:32am | 119Read More...SunTrust Robinson Humphrey analysts Robert Dezego and Timothy J Schaeffer reiterated their Neutral rating for the shares of Cogent Communications Group (Nasdaq: CCOI). The analysts noted that adjusted EBITDA and revenue fell below their expectations in the 4th quarter of 2009. However, EPS share...
