Morgan Stanley analyst Andrew McLeod upgraded Macquarie Technology Group to Overweight from Underweight with a price target of A$100, up from A$50. The financial and strategic value of the company's DC assets are undervalued, the analyst tells investors in a research note. While the structural tailwinds for DCs are well known, but AI is now set to drive the need for higher compute power over next 3-5 years, the firm added.
Morgan Stanley analyst Andrew McLeod upgraded Macquarie...
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Last
$85.49 |
Change
-0.780(0.90%) |
Mkt cap ! $2.129B | |||
| Open | High | Low | Value | Volume |
| $86.25 | $88.14 | $84.79 | $1.465M | 17.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 5 | 292 | $85.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $85.44 | 27 | 4 |
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| Last trade - 13.39pm 22/05/2024 (20 minute delay) ? |
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$85.43 |
Change
-0.780 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $86.45 | $86.45 | $84.91 | 2423 | ||
| Last updated 13.59pm 22/05/2024 ? | |||||
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