Credit Suisse rates as Outperform (1) - The broker thinks the company has an attractive structural growth story as us intends to accelerate growth plans via bolt-on acquisitions, leveraging the success from the past three years of acquisitions.
Credit Suisse believes, as corporates move IT to the data centre, this will be the catalyst for them to consider alternatives to their incumbent data networks provider. The Outperform rating is retained and the target is raised to $5.40 from $4.55.
VOC Price at posting:
$4.67 Sentiment: Buy Disclosure: Held