HSBC Upgrades VNET Gr to Buy, Announces $5.2 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Helen Fang has upgraded VNET Gr (NASDAQ:VNET) from Hold to Buy, setting a price target of $5.2.
October 09, 2024 | 11:49 am
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POSITIVE IMPACT
HSBC analyst Helen Fang has upgraded VNET Gr from Hold to Buy, with a new price target of $5.2. This upgrade could positively influence VNET's stock price in the short term.
The upgrade from Hold to Buy by a reputable institution like HSBC, along with a specific price target, is likely to boost investor confidence and attract buying interest, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100