UPDATE: Cantor Fitzgerald Downgrades CoreSite Realty to Sell, Raises PT on Stock Overvalue

In a report published Friday, Cantor Fitzgerald analyst David Toti downgraded the rating on CoreSite Realty Corp. (NYSE: COR ) from Hold to Sell, but raised the price target from $28.50 to $32.50. In the report, Toti noted, “We expect CoreSite's business model to remain viable, given our demand growth