An attractive entry point has emerged in this name tied to AI data centers, says JPMorgan

Investors should scoop Cogent Communications as it trades at a discount following a major sell-off to start the week and shows signs of bolstering its balance sheet, according to JPMorgan. The bank upgraded Cogent Communications to overweight from neutral. It lowered its price target on shares to $22 from $23, though that still implies 34% upside from Monday's close. …