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Megaport (MGPPF)
Jefferies analyst Roger Samuel maintained a Buy rating on Megaport on May 15 and set a price target of A$18.40. The company’s shares closed last Monday at $7.00.
According to TipRanks.com, Samuel is a 2-star analyst with an average return of 0.5% and a 48.2% success rate. Samuel covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Nextdc Limited, and EML Payments.
Currently, the analyst consensus on Megaport is a Strong Buy with an average price target of $11.66, representing a 66.6% upside. In a report issued on May 15, TipRanks – Google also upgraded the stock to Buy with a A$14.00 price target.
