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Megaport Limited

( ASX:MP1 ) - Software & Services

Analyst Views

MP1 – Morgans rates the stock as Add

Megaport has completed a $27.8m placement of new shares with Digital Realty taking a 4.9% stake. The company will end FY17 with around 165 data centres and has guided to 220 by end-FY18 and the broker believes Megaport now operates the biggest Digital connectivity platform in the world.

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