VNET Group (VNET) Announces Proposed Convertible Senior Notes Offering

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VNET Group Inc (VNET) PT Raised to $20 at Citi

March 13, 2025 4:23 PM UTC

Citi analyst Louis Tsang raised the price target on VNET Group Inc (NASDAQ: VNET) to $20.00 (from $16.10) while maintaining a Buy rating.

The analyst comments "Recent share price weakness likely due to investor concern over: 1) strong capex plan, which will drag equity value and trigger... More