Ultime notizie per Cogent Comms Hldgs (NASDAQ:CCOI) Azioni

Cogent Comms Hldgs

Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.

Cogent Communications Holdings, Inc. - Common Stock

Cogent Communications Holdings Inc

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.30%</li>
<li>Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $52 to $55 on Oct. 1. This analyst has an accuracy rate of 73%.</li>
<li>Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $47 to $49 on Sept. 25. This analyst has an accuracy rate of 77%.</li>
<li>Recent News: Verizon, last week, announced new round of grant funding for small businesses.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1">latest VZ news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083143/image-95.png" alt="" class="wp-image-593774" style="width:703px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083143/image-95.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083143/image-95-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083143/image-95-768x711.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>)</h3>
<ul>
<li>Dividend Yield: 5.19%</li>
<li>Tigress Financial analyst Ivan Feinseth maintained a Buy rating and increased the price target from $29 to $30 on Sept. 27. This analyst has an accuracy rate of 73%.</li>
<li>Citigroup analyst Michael Rollins maintained a Buy rating and boosted the price target from $21 to $24 on Sept. 11. This analyst has an accuracy rate of 77%</li>
<li>Recent News: The company&#8217;s board of directors declared a quarterly dividend of $27.75 cents per share on common shares.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1"> latest T news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083156/image-96.png" alt="" class="wp-image-593775" style="width:726px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083156/image-96.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083156/image-96-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083156/image-96-768x705.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>)</h3>
<ul>
<li>Dividend Yield: 4.90%</li>
<li>B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform rating and cut the price target from $75 to $65 on Aug. 21. This analyst has an accuracy rate of 66%.</li>
<li>Citigroup analyst Michael Rollins maintained a Buy rating and boosted the price target from $70 to $82 on Aug. 19. This analyst has an accuracy rate of 77%.</li>
<li>Recent News: On Aug. 8, Cogent Communications reported a loss for the second quarter.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1">trend in CCOI stock.</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083236/image-97.png" alt="" class="wp-image-593776" style="width:629px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083236/image-97.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083236/image-97-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14083236/image-97-768x709.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read More: 
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<li><a href="https://www.benzinga.com/news/24/10/41308141/this-analyst-with-85-accuracy-rate-sees-around-20-upside-in-amd-here-are-5-stock-picks-for-last-week">This Analyst With 85% Accuracy Rate Sees Around 20% Upside In AMD &#8211; Here Are 5 Stock Picks For Last Week From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

News

Dividends

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

CCOI

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4% Dividend Yields

Goldman Sachs analyst James Schneider maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Neutral and raises the price target from $62 to $71.

Goldman Sachs Maintains Neutral on Cogent Comms Hldgs, Raises Price Target to $71

RBC Capital analyst Bora Lee reiterates Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Outperform and maintains $74 price target.

Reiteration

RBC Capital Reiterates Outperform on Cogent Comms Hldgs, Maintains $74 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Truist Securities raised the price target for AvalonBay Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVB#NYSE">AVB</a>) from $213 to $230. Truist Securities analyst Michael Lewis maintained a Hold rating. AvalonBay Communities shares fell 0.8% to close at $219.92 on Monday. <a href="https://www.benzinga.com/quote/AVB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. lowered the price target for Versus Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VS#NASDAQ">VS</a>) from $2 to $1.5. HC Wainwright &amp; Co. analyst Scott Buck maintained a Neutral rating. Versus Systems shares fell 4.3% to close at $1.35 on Monday.<a href="https://www.benzinga.com/quote/VS/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Roth MKM raised Coterra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>) price target from $25 to $29. Roth MKM analyst Leo Mariani upgraded the stock from Neutral to Buy. Coterra Energy shares gained 0.2% to close at $24.20 on Monday. <a href="https://www.benzinga.com/quote/CTRA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup cut the price target for The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) from $195 to $182. Citigroup analyst Thomas Palmer downgraded the stock from Neutral to Sell. Hershey shares gained 0.04% to close at $196.41 on Monday. <a href="https://www.benzinga.com/quote/HSY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein raised Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) price target from $68 to $70. Bernstein analyst Peter Weed maintained a Market Perform rating. Twilio shares fell 0.2% to close at $60.67 on Monday. <a href="https://www.benzinga.com/quote/TWLO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc raised Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) price target from $80 to $90. Keybanc analyst Brandon Nispel maintained an Overweight rating. Cogent Communications shares fell 0.2% to close at $72.81 on Monday. <a href="https://www.benzinga.com/quote/AVB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham increased the price target for Napco Security Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSSC#NASDAQ">NSSC</a>) from $52 to $57. Needham analyst James Ricchiuti maintained a Buy rating. Napco Security shares fell 14.6% to close at $47.38 on Monday. <a href="https://www.benzinga.com/quote/NSSC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) price target from $70 to $78. Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating. Coca-Cola shares gained 1.5% to close at $70.84 on Monday.<a href="https://www.benzinga.com/quote/KO/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Benchmark raised Frontier Communications Parent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) price target from $35 to $37. Benchmark analyst Matthew Harrigan maintained a Buy rating. Frontier Communications shares rose 2.9% to close at $29.46 on Monday. <a href="https://www.benzinga.com/quote/FYBR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $710 to $750. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Netflix shares rose 0.3% to close at $688.44 on Monday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Netflix stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-1024x522.png" alt="" class="wp-image-516014" style="width:618px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-1024x522.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266.png 1327w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

CTRA

FYBR

NFLX

NSSC

TWLO

Netflix To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Tuesday

Keybanc analyst Brandon Nispel maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Overweight and raises the price target from $80 to $90.

Keybanc Maintains Overweight on Cogent Comms Hldgs, Raises Price Target to $90

On Monday, Cogent Communications Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) received a <a href="https://www.benzinga.com/news/24/08/40439400/cogent-communications-to-rally-around-12-here-are-10-top-analyst-forecasts-for-monday">price target increase from Citigroup analyst Michael Rollins</a>.
While wavelengths remain a longer-term growth opportunity, the company has fallen behind schedule, according to BofA Securities.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58beb7e5b85e930001906331/david-barden">Analyst David Barden</a> downgraded the rating for Cogent Communications from Neutral to Underperform, while cutting the price target from $75 to $65.
The Cogent Communications Thesis: The Sprint Wireline acquisition was completed more than a year ago, but the company "remains deeply immersed in the Sprint network integration," falling well behind schedule in monetizing the wavelength opportunity, Barden said in the downgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Wavelength sales of $3.3 million in the first quarter and of $3.6 million in the second quarter came below Street estimates and "well below management&#8217;s targets shared at the Sprint network acquisition closing," he added.
"Management originally believed it could achieve a $20mn wavelength sales run-rate by 4Q24 but withdrew this guidance as provisioning times for wavelength services remained elongated due to (surmountable) engineering complexities," the analyst wrote.
A positive inflection point for the business is likely to take place only in the back half of 2025, Barden stated.
CCOI Price Action: Shares of Cogent Communications were down 2.82% to $72.62 at the time of publication on Wednesday.
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Image created using artificial intelligence via Midjourney.

Analyst Color

Short Ideas

Downgrades

Cogent Communications Faces Setback: Analyst Downgrades Stock Due To Delayed Growth

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Jefferies raised the price target for BrightView Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BV#NYSE">BV</a>) from $13 to $17. Jefferies analyst Stephanie Moore upgraded the stock from Hold to Buy. BrightView shares fell 2.9% to close at $14.54 on Tuesday. <a href="https://www.benzinga.com/quote/BV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo cut the price target for Sonoco Products Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>) from $54 to $52. Wells Fargo analyst Gabe Hajde downgraded the stock from Equal-Weight to Underweight. Sonoco shares fell 0.5% to close at $50.57 on Tuesday. <a href="https://www.benzinga.com/quote/SON/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup raised Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) price target from $200 to $235. Citigroup analyst Christopher Danely upgraded the stock from Neutral to Buy. Texas Instruments shares gained 0.9% to close at $202.54 on Tuesday. <a href="https://www.benzinga.com/quote/TXN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted the price target for Medtronic plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) from $82 to $90. Baird analyst David Rescott maintained a Neutral rating. Medtronic shares gained 0.7% to close at $85.38 on Tuesday. <a href="https://www.benzinga.com/quote/MDT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) price target from $98 to $100. Morgan Stanley analyst Andrew Percoco maintained an Equal-Weight rating. Enphase Energy shares fell 2.3% to close at $116.98 on Tuesday. <a href="https://www.benzinga.com/quote/ENPH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities slashed Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) price target from $75 to $65. B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform. Cogent Communications shares fell 1.4% to close at $74.73 on Tuesday. <a href="https://www.benzinga.com/quote/CCOI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho increased the price target for Corning Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) from $44 to $47. Mizuho analyst John Roberts upgraded the stock from Neutral to Outperform. Corning shares gained 0.3% to close at $40.73 on Tuesday. <a href="https://www.benzinga.com/quote/GLW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>CLSA cut Vipshop Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) price target from $15.8 to $12. CLSA analyst Leo You downgraded the stock from Outperform to Hold. Vipshop shares dipped 17.6% to close at $11.56 on Tuesday. <a href="https://www.benzinga.com/quote/VIPS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James boosted Agree Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) price target from $70 to $81. Raymond James analyst RJ Milligan maintained a Strong Buy rating. Agree Realty shares fell 0.2% to close at $72.17 on Tuesday. <a href="https://www.benzinga.com/quote/ADC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Maxim Group slashed Dermata Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRMA#NASDAQ">DRMA</a>) price target from $10 to $6. Maxim Group analyst Anthony Vendetti maintained a Buy rating. Dermata Therapeutics shares fell 6.1% to close at $2.02 on Tuesday. <a href="https://www.benzinga.com/quote/DRMA/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying TXN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="514" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/21085756/image-182-1024x514.png" alt="" class="wp-image-506185" style="width:542px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/21085756/image-182-1024x514.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/21085756/image-182-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/21085756/image-182-768x386.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/21085756/image-182.png 1346w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

DRMA

ENPH

VIPS

Texas Instruments To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Wednesday

B of A Securities analyst David Barden downgrades Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) from Neutral to Underperform and lowers the price target from $75 to $65.

B of A Securities Downgrades Cogent Comms Hldgs to Underperform, Lowers Price Target to $65

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payou</a>t. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings </a>page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>)</h3>
<ul>
<li>Dividend Yield: 4.21%</li>
<li>Barclays analyst Julien Roch maintained an Equal-Weight rating and cut the price target from $35 to $34 on July 25. This analyst has an accuracy rate of 61%.</li>
<li>Morgan Stanley analyst Benjamin Swinburne downgraded the stock from Equal-Weight to Underweight and slashed the price target from $34 to $28 on July 22. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On July 24, Interpublic posted better-than-expected quarterly earnings.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to<a href="https://pro.benzinga.com/dashboard"> latest IPG news</a></li>
</ul>
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.53%</li>
<li>TD Cowen analyst Dan Brennan maintained a Buy rating and raised the price target from $48 to $51 on July 23. This analyst has an accuracy rate of 68%.</li>
<li>JP Morgan analyst Philip Cusick maintained a Neutral rating and cut the price target from $46 to $45 on July 23. This analyst has an accuracy rate of 65%.</li>
<li>Recent News: Verizon inked a new Enterprise Infrastructure Solutions (EIS) deal with the National Labor Relations Board (NLRB), an independent federal agency that focuses on the rights of private sector employees.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://pro.benzinga.com/dashboard"> trend in VZ stock</a>.</li>
</ul>
<h3 class="wp-block-heading">Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>)</h3>
<ul>
<li>Dividend Yield: 5.20%</li>
<li>Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $70 to $82 on Aug. 19. This analyst has an accuracy rate of 77%.</li>
<li>B of A Securities analyst David Barden maintained a Neutral rating and increased the price target from $70 to $75 on Aug. 13. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: On Aug. 8, Cogent Communications reported a loss for the second quarter.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://pro.benzinga.com/dashboard">breakout in CCOI shares</a>.</li>
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Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our a<a href="https://www.benzinga.com/analyst-stock-ratings">nalyst ratings page.</a>
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<li>Rosenblatt increased the price target for Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) from $300 to $345. Rosenblatt analyst Catharine Trebnick maintained a Neutral rating. Palo Alto shares fell 2.7% to close at $334.11 on Friday. <a href="https://www.benzinga.com/quote/PANW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Scotiabank boosted AngloGold Ashanti plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) price target from $27 to $30. Scotiabank analyst Tanya Jakusconek downgraded the stock from Sector Perform to Sector Underperform. AngloGold Ashanti shares rose 3.5% to close at $31.47 on Friday. <a href="https://www.benzinga.com/quote/AU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup cut the price target for Bloomin&#8217; Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) from $22 to $20. Citigroup analyst Jon Tower maintained a Neutral rating. Bloomin&#8217; Brands shares gained 0.1% to close at $17.27 on Friday. <a href="https://www.benzinga.com/quote/BLMN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays slashed Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) price target from $191 to $146. Barclays analyst Raimo Lenschow maintained an Equal-Weight rating. Snowflake shares gained 0.8% to close at $128.04 on Friday. <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan cut Progyny, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) price target from $41 to $31. JP Morgan analyst Anne Samuel maintained an Overweight rating. Progyny shares gained 0.9% to close at $21.04 on Friday. <a href="https://www.benzinga.com/quote/PGNY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Ascendiant Capital increased the price target for Genasys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) from $4.25 to $4.75. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Genasys shares rose 3% to close at $2.74 on Friday. <a href="https://www.benzinga.com/quote/GNSS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Chardan Capital cut Metagenomi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGX#NASDAQ">MGX</a>) price target from $17 to $15. Chardan Capital analyst Geulah Livshits maintained a Buy rating. Metagenomi shares fell 3.8% to close at $2.82 on Friday. <a href="https://www.benzinga.com/quote/MGX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup boosted Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) price target from $70 to $82. Citigroup analyst Michael Rollins maintained a Buy rating. Cogent Communications shares fell 0.1% to close at $73.46 on Friday. <a href="https://www.benzinga.com/quote/CCOI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays raised The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>) price target from $41 to $42. Barclays analyst Theresa Chen maintained an Equal-Weight rating. Williams shares gained 0.6% to close at $44.13 on Friday. <a href="https://www.benzinga.com/quote/WMB/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying CCOI stock? Here&#8217;s what analysts think: 
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Cogent Communications To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Monday

In the latest quarter, 7 analysts provided ratings for Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Cogent Comms Hldgs and provided 12-month price targets. The average target is $72.43, accompanied by a high estimate of $82.00 and a low estimate of $56.00. This current average reflects an increase of 3.96% from the previous average price target of $69.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1724068845_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Cogent Comms Hldgs among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Rollins</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$82.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>David Barden</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Sebastiano Petti</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$76.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$62.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Bora Lee</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$74.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Neutral</td>
<td>$56.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cogent Comms Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cogent Comms Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Cogent Comms Hldgs's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CCOI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cogent Comms Hldgs analyst ratings.</a>
<h2>Discovering Cogent Comms Hldgs: A Closer Look</h2>
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
<h3>A Deep Dive into Cogent Comms Hldgs's Financials</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Positive Revenue Trend: Examining Cogent Comms Hldgs's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.61% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Cogent Comms Hldgs's net margin is impressive, surpassing industry averages. With a net margin of -12.42%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -7.06%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Cogent Comms Hldgs's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.0%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Cogent Comms Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 5.38, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

7 Analysts Assess Cogent Comms Hldgs: What You Need To Know

Citigroup analyst Michael Rollins maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Buy and raises the price target from $70 to $82.

Citigroup Maintains Buy on Cogent Comms Hldgs, Raises Price Target to $82

B of A Securities analyst David Barden maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Neutral and raises the price target from $70 to $75.

B of A Securities Maintains Neutral on Cogent Comms Hldgs, Raises Price Target to $75

JP Morgan analyst Sebastiano Petti maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Neutral and raises the price target from $70 to $76.

JP Morgan Maintains Neutral on Cogent Comms Hldgs, Raises Price Target to $76

Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) reported a loss for the <a href="https://www.benzinga.com/quote/ccoi/earnings">second quarter on Thursday.</a>
The company posted a quarterly loss of 68 cents per share which beat the analyst consensus estimate for a loss of $1.25 per share. The company reported quarterly sales of $260.400 million which missed the analyst consensus estimate of $264.445 million.
Cogent Communications shares gained 2.7% to trade at $70.64 on Friday.
These analysts made changes to their price targets on Cogent Communications following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/topic/james-schneider">Goldman Sachs analyst James Schneider</a> maintained Cogent Comms with a Neutral and raised the price target from $56 to $62.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/590783e6290fa70001409b47/gregory-williams">TD Cowen analyst Gregory Williams </a>maintained the stock with a Buy and increased the price target from $78 to $82.</li>
</ul>
Considering buying CCOI stock? Here&#8217;s what analysts think:
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Earnings

These Analysts Raise Their Forecasts On Cogent Communications After Q2 Results

TD Cowen analyst Gregory Williams maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Buy and raises the price target from $78 to $82.

TD Cowen Maintains Buy on Cogent Comms Hldgs, Raises Price Target to $82

Goldman Sachs analyst James Schneider maintains Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) with a Neutral and raises the price target from $56 to $62.

Goldman Sachs Maintains Neutral on Cogent Comms Hldgs, Raises Price Target to $62

Viasat Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) reported relatively healthy first-quarter fiscal 2025 results, with the top line surpassing the Zacks Consensus Estimate. The company reported higher revenues year over year, backed by solid demand trends in both segments. In addition, incremental revenues from Inmarsat contributed significantly to the top-line growth. An improved operating performance further led to a narrower-than-expected loss.
<h3>Net Income</h3>
The company incurred a net loss of $32.9 million or a loss of 26 cents per share compared with a net loss of $77 million or a loss of 83 cents per share in the year-ago quarter. The improved performance was primarily attributable to higher revenues. The bottom line was narrower than the Zacks Consensus Estimate of a loss of 42 cents.
Excluding non-recurring items, Viasat reported a non-GAAP net income of $39 million or 30 cents per share against a net loss of $0.4 million or break-even results in the year-earlier quarter.
<div class="chart_embed">
<h3>Viasat Inc. Price, Consensus and EPS Surprise</h3>
<h3><img alt="Viasat Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/cd/1723117266.png" style="height:265px; width:584px" title="" /></h3>
Viasat Inc. price-consensus-eps-surprise-chart | Viasat Inc. Quote
</div>
<h3>Revenues</h3>
Revenues surged 44% to $1.13 billion, driven by solid defense orders, healthy services revenues, an incremental contribution from Inmarsat and a robust order pipeline. The top line surpassed the consensus estimate by $45 million.
Product revenues were $305.9 million, up from $236.4 million in the year-ago quarter. Net sales from Service improved to $820.7 million from $543.4 million a year ago.
During the quarter, Viasat restructured its operating segments to better reflect its existing businesses and offer investors greater transparency about its future growth opportunities. Effective from the first quarter of fiscal 2025, the company will have two distinct segments &mdash; Communication Services and Defense and Advanced Technologies.
The Communication Services segment encompasses four key business lines &mdash; Aviation, Government Satcom, Maritime, and Fixed and Other. The Defense and Advanced Technologies segment comprises Information Security and Cyber Defense, Space and Mission Systems, Tactical Networking, and Advanced Technologies and Other.
Revenues from the Communication Services segment improved to $826.8 million from $560.3 million in the year-ago quarter. The improvement is driven by strong growth in commercial and business aviation IFC services along with solid contribution from Inmarsat. A decline in the U.S. fixed broadband portfolio partially affected the net sales. The segment&#39;s adjusted EBITDA nearly doubled to $307.7 million from $155.6 million, backed by Inmarsat revenues.
Revenues from Defense and Advanced Technologies were $299.7 million, up from $219.5 million in the year-ago quarter. Higher revenues from recurring licensing agreements and tactical networking products led to the year-over-year growth. Adjusted EBITDA came in at $96.3 million compared with $27.7 million a year ago.
<h3>Other Details</h3>
In the June quarter, the company reported an operating profit of $59.7 million against an operating loss of $41.5 million in the prior-year quarter. Adjusted EBITDA was $403.9 million, up from $183.3 million in the year-ago quarter.
<h3>Cash Flow &amp; Liquidity</h3>
During the first quarter of fiscal 2025, Viasat generated an operating cash flow of $151 million compared with $104 million in the prior-year period. As of Jun 30, 2024, the company had $1.81 billion in cash and cash equivalents, with a net debt of $5.6 billion. Capital expenditures declined 20% year over year to $301 million, primarily due to lower satellite expenditures, customer premise equipment and general infrastructure costs.
<h3>Outlook</h3>
For fiscal 2025, management expects total revenues to remain roughly flat or increase slightly year over year. Adjusted EBITDA from continuing operations is projected to grow by mid-single digits. Revenues from Communication Services are expected to be slightly down in fiscal 2025, as a decline in U.S. fixed broadband revenue and non-broadband service components of maritime will more than offset strong growth in aviation services and government satcom services.
Defense and Advanced Technologies revenues are expected to increase in low-single digits, driven by tactical networking products, antenna systems solutions, recurring contributions from certain licensing agreements and strong demand for AI applications.
Viasat currently has a Zacks Rank #4 (Sell).
<h3>Upcoming Releases</h3>
Cogent Communications Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ccoi#NASDAQ">CCOI</a>) is scheduled to release second-quarter 2024 earnings on Aug 8. The Zacks Consensus Estimate for earnings is pegged at a loss of $1.31 per share, suggesting a decline of 907.7% from the year-ago reported figure.
Akamai Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akam#NASDAQ">AKAM</a>) is slated to release second-quarter 2024 earnings on Aug 8. The Zacks Consensus Estimate for earnings is pegged at $1.54 per share, indicating growth of 3.4% from the year-ago reported figure.
Akamai has a long-term earnings growth expectation of 4.8%. AKAM delivered an average earnings surprise of 5.4% in the last four reported quarters.
Keysight Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/keys#NYSE">KEYS</a>) is due to release third-quarter fiscal 2024 earnings on Aug 20. The Zacks Consensus Estimate for earnings is pegged at $1.35 per share, implying a decline of 38.4% from the year-ago reported figure.
Keysight has a long-term earnings growth expectation of 5.5%. KEYS delivered an average earnings surprise of 4.4% in the last four reported quarters.
<a href="https://www.zacks.com/stock/news/2319063/viasat-vsat-reports-narrower-q1-loss-on-higher-revenues?cid=CS-BENZ-FT-analyst_blog|earnings_article-2319063">To read this article on Zacks.com click here.</a>

Mid Cap

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VSAT

Viasat Reports Narrower Q1 Loss on Higher Revenues

Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) reported quarterly losses of $(0.68) per share which beat the analyst consensus estimate of $(1.25) by 45.6 percent. The company reported quarterly sales of $260.400 million which missed the analyst consensus estimate of $264.445 million by 1.53 percent. This is a 8.59 percent increase over sales of $239.806 million the same period last year.

Earnings Beats

Earnings Misses

Cogent Comms Hldgs Q2 2024 GAAP EPS $(0.68) Beats $(1.25) Estimate, Sales $260.400M Miss $264.445M Estimate

Ratings for Cogent Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $71.6, a high estimate of $80.00, and a low estimate of $56.00. Observing a downward trend, the current average is 10.22% lower than the prior average price target of $79.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1722272409_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Cogent Comms Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bora Lee</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$74.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Neutral</td>
<td>$56.00</td>
<td>-</td>
</tr>
<tr>
<td>Sebastiano Petti</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$78.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Josh Beck</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$80.00</td>
<td>$88.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cogent Comms Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cogent Comms Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Cogent Comms Hldgs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Cogent Comms Hldgs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CCOI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cogent Comms Hldgs analyst ratings.</a>
<h2>About Cogent Comms Hldgs</h2>
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
<h3>A Deep Dive into Cogent Comms Hldgs's Financials</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Positive Revenue Trend: Examining Cogent Comms Hldgs's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 73.3% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Cogent Comms Hldgs's net margin excels beyond industry benchmarks, reaching -24.54%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Cogent Comms Hldgs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -11.76%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Cogent Comms Hldgs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -2.05%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Cogent Comms Hldgs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.7.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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