Nearmap Ltd (ASX: NEA)A note out of the Macquarie equities desk reveals that its analysts have retained their outperform rating and $3.45 price target on this aerial imagery technology and location data company’s shares. According to the note, Macquarie believes increasing competition could weigh on its shares in the near term, but that investors ought to overlook this due to its leadership position. It continues to believe it is well-placed for strong long-term growth. I think Macquarie is spot on and would class its shares as a buy.
https://www.********.au/2019/11/25/leading-brokers-name-3-asx-shares-to-buy-today-93/
Nearmap Ltd (ASX: NEA)A note out of the Macquarie equities desk...
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