Cowen and Company upgraded CoreSite Realty Corp (NYSE:COR) to Outperform in a report released today.
- Updated: October 16, 2016
Having a price of $72.12, CoreSite Realty Corp (NYSE:COR) traded 0.40% higher on the day. With the last stock price down -1.31% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. COR has recorded a 50-day average of $76.69 and a two hundred day average of $78.53. Trade Volume was down over the average, with 504,991 shares of COR changing hands under the typical 527,417
Cowen and Company has upgraded CoreSite Realty Corp (NYSE:COR) to Outperform in a statement released on 10/11/2016.
With a total market value of $0, CoreSite Realty Corp has price-earnings ratio of 58.01 with a one year low of $54.23 and a one year high of $91.91 .
A total of 11 equity analysts have released a ratings update on COR. Five equity analysts rating the company a strong buy, two equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $84.45.
Brief Synopsis About CoreSite Realty Corp (NYSE:COR)
CoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust (REIT). Through its controlling interest in CoreSite, L.P. (Operating Partnership), the Company is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. It delivers data center and interconnection solutions across approximately eight North American markets. It offers colocation and interconnection solutions for networks, cloud and information technology (IT) service providers and enterprise companies spanning a range of industries. The Company connects and delivers data and information technology infrastructure to approximately 900 enterprises, network operators, cloud providers and supporting service providers.
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