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
$88.73 |
Change
-0.010(0.01%) |
Mkt cap ! $2.286B | |||
| Open | High | Low | Value | Volume |
| $88.86 | $89.74 | $88.26 | $2.003M | 22.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 142 | $88.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $88.96 | 7 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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$88.77 |
Change
-0.010 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| $88.39 | $89.74 | $88.39 | 1743 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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