UPDATE: Bank of America Upgrades CyrusOne on Growth Outlook, Relative Valuation
October 16, 2013 at 09:10 AM EDT
In a report published Wednesday, Bank of America analyst Stephen W. Douglas upgraded the rating on CyrusOne (NASDAQ: CONE ) from Neutral to Buy, and reiterated the $23.00 price target. In the report, Bank of America noted, “We are upgrading CONE to Buy based on its growth outlook and relative