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NEXTDC Ltd A note out of Citi reveals that its analysts have retained their buy rating and lifted the price target on this data centre operator’s shares to $9.10. According to the note, the broker expects its short term earnings growth to be driven by its contracted order book. After which, it sees NEXTDC benefiting from more workloads moving to the cloud and increasing data consumption
NEXTDC Ltd
A note out of Citi reveals that its analysts have retained their buy rating and lifted the price target on this data centre operator’s shares to $9.10. According to the note, the broker expects its short term earnings growth to be driven by its contracted order book. After which, it sees NEXTDC benefiting from more workloads moving to the cloud and increasing data consumption
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