Share analyst reduces 12-month target; market analyst gives government thumbs up for taking conservative tack with the $310m tender.
At first glance this looks good for Chorus.
"I suspect many in Phase Two will have UFB connected to their homes well before some of us in central Auckland which one would have expected to be completed already as part of Phase One!!!"
But researchers temper their finding.
"UFB was never ever going to see overnight mammoth productivity gains, what it does do is long term gains to every single sector in the economy"