# Andrew McLeod from Morgan Stanley maintained a Buy rating on Macquarie Telecom Group Limited, with a price target of A$82.00.

*business · news · 2026-04-20 · Markets Insider*

## Key points

- Andrew McLeod of Morgan Stanley maintained a Buy rating on Macquarie Telecom Group with an A$82 target.
- Macquarie Telecom Group's consensus analyst target is A$89.22, higher than McLeod's target.
- The company reported A$193.38 million in quarterly revenue and A$16.33 million net profit for Q4 2023.
- Compared to the previous year, Macquarie Telecom's quarterly net profit decreased despite increased revenue.

**Companies:** Macquarie Telecom Group Limited, CAR Group, REA Group Ltd, TPG Telecom Limited
**Countries:** Australia

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/morgan-stanley-reaffirms-their-buy-rating-on-macquarie-telecom-group-limited-maq-1036036766)

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