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CONE

CyrusOne

$65.03 /

+0.36 (+0.56%)

, COR

CoreSite Realty

$110.02 /

-0.32 (-0.29%)

11:25
08/16/19
08/16
11:25
08/16/19
11:25

CyrusOne jumps 7% after Bloomberg report of takeover interest

CyrusOne (CONE) is considering a potential sale after a recent approach from at least one suitor, Gillian Tan and Kiel Porter of Bloomberg report, citing people familiar with the matter. CyrusOne is working with an adviser to evaluate its strategic options, they add. Further, a bidder group including KKR (KKR), Stonepeak Infrastructure Partners and I Squared Capital is in the preliminary stages of weighing a bid for CyrusOne, while other potential bidders are interested too, a source told Bloomberg. Shares of CyrusOne are up 7% to $69.23 following the report while the company's data center real estate investment trust peers, including CoreSite Realty (COR), Digital Realty (DLR), Equinix (EQIX), and Interxion (INXN), are also higher.

CONE

CyrusOne

$65.03 /

+0.36 (+0.56%)

COR

CoreSite Realty

$110.02 /

-0.32 (-0.29%)

DLR

Digital Realty

$121.60 /

+1.04 (+0.86%)

EQIX

Equinix

$549.13 /

+3.12 (+0.57%)

INXN

Interxion

$76.81 /

+0.4 (+0.52%)

KKR

KKR

$24.45 /

+0.47 (+1.96%)

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CONE CyrusOne
$65.03 /

+0.36 (+0.56%)

07/02/19 Deutsche Bank
Deutsche Bank places 'Catalyst Call Buy' on CyrusOne
06/13/19
Fly Intel: Top five analyst downgrades
06/13/19 UBS
CyrusOne downgraded to Neutral from Buy at UBS
05/17/19 Deutsche Bank
Deutsche Bank upgrades CyrusOne to Buy from Hold with $70 target
COR CoreSite Realty
$110.02 /

-0.32 (-0.29%)

07/10/19
CoreSite Realty downgraded to Sector Weight on valuation at KeyBanc
07/09/19 KeyBanc
CoreSite Realty downgraded to Sector Weight from Overweight at KeyBanc
02/11/19 JPMorgan
CoreSite Realty downgraded to Underweight from Neutral at JPMorgan
12/10/18 Jefferies
CoreSite Realty downgraded to Hold from Buy at Jefferies
DLR Digital Realty
$121.60 /

+1.04 (+0.86%)

07/23/19 Cowen
Digital Realty downgraded to Market Perform from Outperform at Cowen
07/03/19 Argus
Digital Realty initiated with a Buy at Argus
06/06/19
Fly Intel: Top five analyst upgrades
06/06/19 Raymond James
Digital Realty upgraded to Outperform after management meetings at Raymond James
EQIX Equinix
$549.13 /

+3.12 (+0.57%)

08/01/19 Oppenheimer
Equinix price target raised to $550 from $500 at Oppenheimer
08/01/19 JPMorgan
Equinix price target raised to $580 from $524 at JPMorgan
07/11/19 Credit Suisse
Equinix price target raised to $556 from $506 at Credit Suisse
07/02/19 Guggenheim
Equinix price target raised to $540 from $505 at Guggenheim
INXN Interxion
$76.81 /

+0.4 (+0.52%)

07/11/19 Credit Suisse
Interxion price target raised to $82 from $77 at Credit Suisse
05/13/19 Wells Fargo
Interxion price target raised to $80 from $72 at Wells Fargo
05/10/19
Fly Intel: Top five analyst downgrades
05/10/19 Oppenheimer
Interxion downgraded to Perform on valuation at Oppenheimer
KKR KKR
$24.45 /

+0.47 (+1.96%)

08/05/19 Barclays
KKR initiated with an Equal Weight at Barclays
07/09/19 Morgan Stanley
Morgan Stanley sees C-corp conversion announcement coming from Carlyle
05/21/19
Fly Intel: Top five analyst downgrades
05/21/19
KKR downgraded to Neutral at Credit Suisse

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