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

Related CONE
Benzinga's Top Downgrades
CyrusOne Is Up 13% In Two Weeks, But What's Next?

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

Aug 2015GabelliDowngradesBuyHold
Aug 2015Deutsche BankMaintainsBuy
Jul 2015CitigroupDowngradesBuyNeutral

View More Analyst Ratings for CONE
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Posted-In: Morgan Stanley Simon FlanneryAnalyst Color Reiteration Analyst Ratings


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