Raymond James Maintains Outperform on GDS Holdings, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Frank Louthan maintains an Outperform rating on GDS Holdings (NASDAQ:GDS) but lowers the price target from $35 to $25.
May 26, 2023 | 12:11 pm
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Raymond James maintains Outperform rating on GDS Holdings but lowers price target from $35 to $25.
The news of Raymond James maintaining an Outperform rating on GDS Holdings indicates a positive outlook for the company. However, the lowering of the price target from $35 to $25 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100