VNET Group Inc (VNET) PT Raised to $3.30 at BofA Securities

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Go back to VNET Group Inc (VNET) PT Raised to $3.30 at BofA Securities

VNET Group Inc (VNET) PT Raised to $7.98 at Jefferies

August 28, 2024 12:31 PM EDT

Jefferies 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 EDT

VNET 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