Business
Top brokers name 3 ASX shares to buy next week 25 April 2021
Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.
Here’s why brokers think investors ought to buy them next week:
According to a note out of UBS, its analysts have retained their buy rating and lifted their price target on this elastic interconnection services provider’s shares to $17.10. This follows the release of its third quarter update. Although Megaport added fewer new ports than the broker was expecting, it remains positive on the company thanks to its exposure to the shift to the cloud. UBS is expecting Megaport to more than double its revenue between FY 2021 and FY 2023. The Megaport share price ended the week at $13.51.
Analysts at…
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