Fly News Breaks for May 8, 2019
May 8, 2019 | 08:42 EDT
RBC Capital analyst Jonathan Atkin raised his price target on CyrusOne to $68 and kept his Outperform rating after its Q1 FFO beat, also noting that the company's bookings was the "second-highest among its traditional US REIT peers." The analyst is positive on the company's above-average datacenter REIT development yields and growth rates as well as its below-average churn.
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