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Morgan Stanley Is Watching for 2014 Guidance And Booking Trends On CyrusOne

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In a report published Friday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $25.00 price target on CyrusOne (NASDAQ: CONE).

In the report, Morgan Stanley noted, “CyrusOne continues to benefit from the early stages of enterprise IT outsourcing. Though competition remains a concern, we believe CyrusOne's F1000 focus and geographic areas will support its revenue growth in 2014. Coupled with a discounted valuation relative to peers, we reiterate our OW.”

CyrusOne closed on Friday at $21.28.

Latest Ratings for CONE

DateFirmActionFromTo
Jan 2016Deutsche BankMaintainsBuy
Dec 2015JP MorganInitiates Coverage onOverweight
Nov 2015SunTrust Robinson HumphreyInitiates Coverage onBuy

View More Analyst Ratings for CONE
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Simon FlanneryAnalyst Color Reiteration Analyst Ratings

 

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