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Raising their recommendation on the stock to overweight from equal-weight, MS analysts tell clients that the Australia-listed company's expansion from its core network-as-a-service capabilities means it is now a capital-intensive artificial-intelligence infrastructure and computing provider. They warn that this brings risks around execution, competition, chip cycles and funding. Fortunately, it also increases Megaport's exposure to digital-infrastructure demand that MS believes will significantly outstrip supply. MS doubles its target price on the stock to 25.00 Australian dollars. 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Maintaining a buy on the Australia-listed stock, the UBS analysts tell clients in a note that investors may need proof that Brambles has addressed its U.S. repair constraints before becoming more positive. They think a strong second half to the current fiscal year could be key to a fuller re-rate. Looking further ahead, UBS forecasts 5.4% underlying earnings growth in fiscal 2028, which they say is undemanding compared with Brambles' track record. UBS raises its target price by 0.8% to 24.50 Australian dollars. 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