On 11/7/24, VNET Group Inc (NASDAQ: VNET) stock enjoyed a major increase of 16.7%, closing at $3.84. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, VNET is expected to continue to be Value Creation neutral.
VNET Group has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. VNET Group has a very high Appreciation Score of 86 and a very high Power Rating of 99, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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