Citi initiates Infratil coverage with ‘buy’ rating
Firm sees investment company attractively priced with opportunities for its datacentre and US energy holdings.
A Longroad Energy solar farm in Arizona.
Analysts at wealth management firm Citi have opened their coverage of investment company Infratil with a ‘buy’ rating and a target price of $14.10, 16% above its closing price on Friday.
The move follows Infratil’s addition to the ASX/S&P 200 index in July.
“We see particular upside to CDC
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