VNET Group (VNET) Misses Q1 EPS by 12c

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VNET Group Inc (VNET) PT Raised to $6.69 at Jefferies

May 30, 2024 6:28 AM EDT

Jefferies analyst Edison Lee raised the price target on VNET Group Inc (NASDAQ: VNET) to $6.69 (from $6.53) while maintaining a Buy rating.

The analyst comments "VNET reported ~5%/-3% YoY rev/adj EBITDA growth for 1Q24. Rev is ~1%... More