Colby Synesael

AT&T Inc. (NYSE: T) was upgraded by two Street analysts Monday, while Verizon Communications Inc. (NYSE: VZ) caught a downgrade from JPMorgan that came with a projection of flat EPS growth.  The Analyst JPMorgan analyst Philip Cusick downgraded Verizon from Overweight to Neutral and...

Data center company Switch Inc (NYSE: SWCH) signed a new 15-megawatt lease with an unnamed international streaming media company May 4, and the move was notable enough to end Cowen's bearish stance on the stock.  The Analyst Cowen's Colby Synesael upgraded Switch from...

A handful of companies in the data services sector are on deck to report earnings. After a disappointing performance in the fourth quarter for the sector as a whole, the group is expected to show a "marked improvement," with CyrusOne Inc (NASDAQ: CONE) and Digital Rlty (NYSE: DLR) being...

InterXion Holding NV (NYSE: INXN) shares spiked by mid-day Wednesday after Cowen upgraded shares of the company. Analysts Colby Synesael, Jonathan Charbonneau and Gregory Williams attributed the upgrade to the strong second-quarter results. The analysts noted that second-quarter revenues, EBITDA...

In a note Tuesday, Cowen said M&A involving Sprint Corp (NYSE: S) is potentially imminent. The comment shouldn't come as a surprise because as recently as last weekend, the company made a big splash with its stated intention to buy Charter Communications, Inc. (NASDAQ: CHTR), which the latter...

Digital Realty Trust, Inc. (NYSE: DLR) $7.6 billion acquisition of DuPont Fabros Technology, Inc. (NYSE: DFT) prompted analysts at Cowen to boost Digital Realty's stock rating and price target. Cowen's Colby Synesael upgrades Digital Realty's stock from Market Perform to Outperform with a price...

Benzinga Professional on Wednesday morning reported Level 3 Communications, Inc. (NYSE: LVLT) is reviewing strategic alternatives. Level 3 is considering a range of options from an outright sale of the company to a large buyback, Benzinga Pro reported to users of its Market-Moving Exclusives...

In a Barron's article Thursday, Cowen & Co.'s Colby Synesael put forth a compelling rationale for why Equinix Inc (NASDAQ: EQIX) is looking to acquire Netherlands-based TELECITY GROUP PLC (OTC: TLEIY) in what amounts to a global data center courtship chess game. Telecity Group is a European...