RBC Capital Mkts initiated coverage on Cyxtera Technologies with a new price target
$CYXT
EDP Services
Technology
RBC Capital Mkts initiated coverage of Cyxtera Technologies with a rating of Outperform and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/22/2023 | Outperform → Mkt Perform | Raymond James | |
| 3/20/2023 | $3.00 → $1.00 | Outperform → Market Perform | TD Cowen |
| 12/14/2022 | $2.00 | Underperform | Exane BNP Paribas |
| 8/24/2022 | $13.00 | Neutral → Buy | Citigroup |
| 4/7/2022 | $15.00 | Outperform | Credit Suisse |
| 1/3/2022 | $14.00 | Neutral | UBS |
| 12/16/2021 | $13.00 | Outperform | RBC Capital Mkts |
| 12/10/2021 | $15.00 | Buy | Truist Securities |
SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)
SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)
SC 13G/A - Cyxtera Technologies, Inc. (0001794905) (Subject)
4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)
4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)
4 - Cyxtera Technologies, Inc. (0001794905) (Issuer)
EFFECT - Cyxtera Technologies, Inc. (0001794905) (Filer)
15-12G - Cyxtera Technologies, Inc. (0001794905) (Filer)
S-8 POS - Cyxtera Technologies, Inc. (0001794905) (Filer)
Raymond James downgraded Cyxtera Technologies from Outperform to Mkt Perform
TD Cowen downgraded Cyxtera Technologies from Outperform to Market Perform and set a new price target of $1.00 from $3.00 previously
Exane BNP Paribas initiated coverage of Cyxtera Technologies with a rating of Underperform and set a new price target of $2.00
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Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, announced today it will issue its third quarter 2022 financial results before market open on Tuesday, November 8, 2022, and hold its third quarter earnings conference call at 8:30 am ET that same morning. The company will discuss third quarter results for the period ended September 30, 2022. The conference call will be accessible by dialing 1-833-927-1758 (domestic) or 1-929-526-1599 (international) and entering access code (403952). A simultaneous live webcast of the call will be available via the Investor Relations page on www.cyxtera.com. Participants can register for the conference here. A r
Secures Approval to Access Financing to Support Ongoing Operations Continuing to Operate Unique Global Platform of Highly Interconnected Data Centers Without Interruption Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed on June 4, 2023. The Court granted interim approval to access up to $54 million of the $200 million in debtor-in-possession financing from certain of its term lenders. In addition, Cyxtera obtained interim and final approvals fr
Initiates Pre-Arranged Chapter 11 Process with Substantial Support from Lenders to Facilitate Comprehensive Balance Sheet Restructuring as the Company Executes Growth Strategy Obtains Commitment for $200 Million in New Financing to Support Ongoing Operations and Continue Meeting Customer Demand for Global Data Center Platform Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that, pursuant to the previously disclosed Restructuring Support Agreement ("RSA") it reached with certain of its lenders holding over two-thirds of its outstanding term loan, the Company and certain of its subsidiaries have initiated a pre-arranged court
Receives $50 Million in New Financing from Lenders to Support Ongoing Business Operations; Enters into Restructuring Support Agreement Reports First Quarter Earnings Highlights, Demonstrating Consistent Revenue Growth and Operating Momentum Cyxtera (NASDAQ:CYXT), a global leader in data center colocation and interconnection services, today announced that it has received $50 million in new financing from certain of its lenders, holding over two-thirds of its outstanding term loan (the "Lenders"), to support ongoing business operations. In connection with the new financing, Cyxtera has entered into a Restructuring Support Agreement ("RSA") with the Lenders to strengthen the Company's fina