I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Jackson Lee maintained a Buy rating on Macquarie Telecom Group Limited (MAQ) with a price target of A$95.00, while shares closed at A$66.00. The broader analyst consensus for MAQ is a Moderate Buy with an average target of A$88.50. Additionally, TipRanks launched a new ETF, RANK, tracking its US Momentum Analysts Index.
RBC Capital analyst Jackson Lee maintained a Buy rating on Macquarie Telecom Group Limited yesterday and set a price target of A$95.00. The company’s shares closed today at A$66.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Lee covers the Technology sector, focusing on stocks such as Technology One Limited, Wisetech Global, and Nuix Ltd.. According to TipRanks, Lee has an average return of -10.2% and a 20.00% success rate on recommended stocks.
Currently, the analyst consensus on Macquarie Telecom Group Limited is a Moderate Buy with an average price target of A$88.50.