CoreSite Realty Corporation Review Post Q3 Results
<p>Analysts at RBC Capital provided their views on <a href='https://financialmodelingprep.com/financial-summary/COR'>CoreSite Realty Corporation (NYSE:COR) </a>post Q3 results. The analysts raised their price target to $170 from $136, maintaining their sector perform rating. </p>
<p>Q3 results were mostly in line with expectations, with maintained 2021 guidance for revenue, EBITDA, FFO/share and lowered capex guidance by $60 million. On November 15, American Tower made an announcement, according to which it has entered into an agreement to acquire CoreSite Realty for $170 per share in an all-cash offer, with AMT the surviving entity. The value of the transaction is around $10 billion, and it is expected to close by the end of 2021.</p>

NYSE:COR