Macquarie initiates VNET Group at Outperform with $5.40 target
Bullish analyst initiation offers material implied upside, though it is a single firm's opinion.
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Bullish analyst initiation offers material implied upside, though it is a single firm's opinion.
What happened, with direct paths to the underlying reporting
Macquarie initiated coverage with an Outperform rating and a $5.40 target, about 36% above the posted price of $3.97. This is a constructive analyst view, not a guarantee of upside.
Target: $5.4
Posted price: $3.97
Analyst firm: Macquarie
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