Credit Suisse analyst Sami Badri initiated Cogent with an Outperform rating and $68 price target. In a research note to investors, Badri says that despite expectations of revenue growth deceleration in fiscal 2019 versus prior years, Cogent continues to grow faster than the highly competitive and challenged Internet Service Provider industry. Looking ahead, Badri expects revenue growth to re-accelerate in fiscal 2020, largely driven by continued strong business execution, lowest service pricing strategy, and potentially a NetCentric business segment ramp after a 7.6% year over year decline in the first quarter of 2019.