Vnet’s 13% Surge: A Digital Gold Rush?
Jefferies’ Edison Lee, a man who has probably never met a spreadsheet he didn’t like, raised his price target for Vnet from $24.23 to $25.13 per ADS, keeping his “buy” recommendation intact. This isn’t mere number-pushing-it’s financial theater. By anointing Vnet a “top pick,” Lee isn’t just betting on a stock; he’s endorsing a vision of the future where data centers are the new oil rigs, and EBITDA is the new black. (Though I confess, I once thought EBITDA was a new type of coffee bean-expensive and slightly bitter.)