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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
Jul 2015CitigroupDowngradesBuyNeutral
May 2015BarclaysMaintainsEqual-weight
Apr 2015Stephens & Co.UpgradesEqualweightOverweight

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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