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Cogent Communications Group, Inc. (CCOI) [hlAlert]

Rating:
Outperform
CCOI
up 213.64 %

Cogent Communications Group, Inc. (CCOI) rated Outperform by Wells Fargo

Posted on: Monday,  Nov 23, 2009  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Cogent Communications Group, Inc. (NASDAQ: CCOI) on 11/23/2009, when the stock price was $8.72.
Since then, Cogent Communications Group, Inc. has gained 213.65% as of 01/27/2016's recent price of $27.35.
If you would have followed this Wells Fargo's recommendation on CCOI, you would have gained 213.64% of your investment in 2256 days.

Cogent Communications Group, Inc. (Cogent) is a facilities-based provider of Internet access and Internet protocol (IP), communications services. Its network is specifically designed and optimized to transmit data using IP. It delivers its services to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations through approximately 17,800 customer connections in North America and Europe. The Company?s primary on-net service is Internet access at a speed of 100 Megabits per second. It offers this on-net service exclusively through its own facilities, which run all the way to its customers' premises. Its typical customers in multi-tenant office buildings are law firms, financial services firms, advertising and marketing firms and other professional services businesses.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/23/2009 8:25 AM Buy
None
8.72
as of 12/31/2009
1 Week up  38.77 %
1 Month up  64.86 %
3 Months up  60.89 %
1 YTD up  60.89 %

(*) Stock Price at the time of the recommendation.
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