JP Morgan Initiates Cogent Communications At Overweight

Analysts at JP Morgan initiated coverage on shares of Cogent Communications Group

with a Overweight rating. The target price for Cogent Communications is set to $41. Cogent Communications shares have gained 3.22% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period. Cogent Communications shares fell 0.68% to close at $33.39 yesterday.