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  1. Tariffs related to Trump's policy caused market uncertainty, involving Equifax, and Scott Bessent advocated for a rate cut.
  2. Advocacy for rate cut boosts rate-sensitive sectors, involving North Australian Pastoral Company and Scott Bessent.
  3. Cogent, Sprint, and Wells Fargo received upgrades and moved past acquisition impacts amid advocacy for rate cuts.

Cogent Communications received a double upgrade from an analyst, with David Schaeffer as CEO.

1 report, 1 independent Updated Aug 18
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What happened

Some supportReported by 1 outlet

Cogent Communications received a double upgrade from an analyst, with David Schaeffer as CEO.

Who's involved

What this event is mainly about
Cogent CommunicationsWells Fargo

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Cogent, Sprint, and Wells Fargo received upgrades and moved past acquisition impacts amid advocacy for rate cuts. All 1 developments

Within Tariffs related to Trump's policy caused market uncertainty, involving Equifax, and Scott Bessent advocated for a rate cut.

The entities involved

Coverage

Newest first; wire copies grouped
  • Investing.comCogent Communications stock surges after Wells Fargo double upgrade Investing.com -- Cogent Communications (NASDAQ:CCOI) stock surged 6.5% Monday after Wells Fargo analyst Eric Luebchow issued a doub