Information Provided By:
Fly News Breaks for October 10, 2019
CONE, INXN
Oct 10, 2019 | 14:30 EDT
Cowen analyst Colby Synesael noted that TMT Finance reports that it has heard Interxion (INXN) is working with a financial advisor after having received takeover offers, noting that the company "has been the subject of M&A speculation for years." The analyst, who recently downgraded CyrusOne (CONE) to Market Perform from Outperform due to valuation, said he believes Interxion would be valued at a higher multiple. His price target remains $84 for Interxion, but if he were to remove his "public company discount," it implies a value of $94, the analyst noted.
News For INXN;CONE From the Last 2 Days
There are no results for your query INXN;CONE