Business
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…
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