Goldman Sachs analyst Kane Hannan downgraded Megaport (MGPPF) to Neutral from Buy with an A$8 price target The firm cites concerns around the lack of progress Megaport has made improving its revenue and customer trends over the last 18 months, including the softer-than-expected FY25 guidance, and recently announced expectations that growth wasn’t expected to accelerate in FY26, despite ongoing investments in sales and product.
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