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

In a report published Friday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $25.00 price target on

. 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.