Uniti (ASX:UWL) share price on watch following bullish broker note

The Uniti Group Ltd (ASX: UWL) share price has been a strong performer in 2021.

Since the start of the year, the internet provider’s shares have risen an impressive 38%.

Is it too late to buy Uniti shares?

The good news for investors is that one leading broker doesn’t believe it is too late to invest.

According to a note out of Goldman Sachs, its analysts have initiated coverage on the company with a buy rating and $3.00 price target.

Based on the current Uniti share price of $2.41, this implies potential upside of 24.5% over the next 12 months.

What is Uniti?

Uniti is a provider of fibre connectivity to new Australian residential premises, competing with the government owned NBN. When successful, Uniti builds and operates…