SunTrust analyst Greg Miller lowered his price target on Internap to $15 after its in-line Q3 results, noting that while the company "positively surprised by announcing a colocation deal in Dallas, it simultaneously cut the mid-point of Q4 guidance range implying little to no sequential growth". The analyst notes that investors were likely disappointed, anticipating continued improvements close to the equity offering, but believes that the downdraft in the stock price was an over-reaction. Miller keeps his Buy rating on Internap, saying the "company is uniquely positioned with a portfolio of data center assets that are ripe for growth".