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CCOI
Benzinga
130 days

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields

1. CCOI has a high dividend yield of 7.94%. 2. UBS initiated coverage with a Buy rating and a $102 target. 3. B of A Securities downgraded CCOI from Neutral to Underperform. 4. CCOI reported a revenue miss in its recent fourth-quarter results. 5. Dividend-yielding stocks are popular amid market uncertainty.

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FAQ

Why Bearish?

The downgrade by B of A may negatively influence investor sentiment on CCOI.

How important is it?

The mixed analyst ratings indicate uncertainty which could affect CCOI's share price.

Why Short Term?

The immediate market response to downgrades typically occurs within weeks to months, unlike long-term trends.

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