2307 GMT - NextDC's 1H result is unlikely to have a meaningful impact on the data-center operator's share price, E&P analyst Paul Mason says. He writes in a note that investors are typically more influenced by the Australian company's outlook than its earnings reports, pointing out NextDC has maintained its annual guidance. This is despite its performance being more than halfway through the bottom of its guidance range, he adds. E&P has a positive recommendation and A$29.27 target price on the stock, which was at A$14.52 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 23, 2025 18:07 ET (23:07 GMT)
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