Word of the Year – 2021?
Dion Hershan, Head of Australian Equities at Yarra Capital Management, looks at the opportunities that are emerging from a bleak 2020.
Read MoreTag: NXT
NXT – Morgan Stanley rates the stock as Overweight
Morgan Stanley judges NextDC’s announced $350m expansion of a debt facility as further evidence of the company’s ability to attract capital. This is considered one of the drivers of out-performance over recent years, along with an ability to deploy that capital at attractive rates of return.
Read MoreNXT – Credit Suisse rates the stock as Reinstate Coverage with Neutral
Credit Suisse reinstates coverage with a Neutral rating and $11.35 target. The broker envisages NextDC will be a beneficiary of higher demand resulting from work-from-home arrangements.
Read MoreNXT – Morgan Stanley rates the stock as Overweight
On further review Morgan Stanley considers the bullishness around contracts outside of Sydney and recent transaction multiples are positive qualitative aspects of the latest results.
Read MoreMelbourne The Short-Term Key To NextDC
Melbourne is the key to the short term investment case for NextDC, as the ramp-up of the second data centre takes shape.
Read MoreThe Opportunities In – And Pitfalls Of – The Data Storage Sector
While demand for shared cloud-based data storage shows no signs of abating in a hurry, local data centre oversupply is looming as a short term issue.
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