KeyBanc analyst Jordan Sadler upgraded CyrusOne to Overweight from Sector Weight with a $70 price target as part of a broader research note on the REIT sector. In a research note to investors, Sadler says he sees premium growth for CyrusOne driven by strong leasing, a corresponding increase in capital spending,and improved access to lower cost financing. Given significant historical volatility in CyrusOne shares and the pullback in demand from hyperscale customers over the last year, the analyst says he views this stock as having above-average risk vs. his other data center REIT picks.