VNET Group Inc (VNET) PT Raised to $3.30 at BofA Securities
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VNET Group Inc (VNET) PT Raised to $7.98 at Jefferies
August 28, 2024 12:31 PM UTCJefferies analyst Edison Lee raised the price target on VNET Group Inc (NASDAQ: VNET) to $7.98 (from $6.69) while maintaining a Buy rating.
The analyst comments "VNET's 2Q23 rev/EBITDA grew 9.4%/7.3%, above cons by 3.4%/3.9%. Rev growth is almost entirely driven by 81% growth in wholesale,... More
VNET Group (VNET) Misses Q2 EPS by 3c, provides outlook
August 27, 2024 4:33 PM UTCVNET Group (NASDAQ: VNET) reported Q2 EPS of RMB0.04, RMB0.03 worse than the analyst estimate of RMB0.07. Revenue for the quarter came in at RMB1.99 billion versus the consensus estimate of RMB1.93 billion.
Business Outlook
The Company expects total net revenues for 2024 to... More
