B of A Securities Maintains Buy on GDS Holdings, Raises Price Target to $22.4
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on GDS Holdings and raised its price target from $12.4 to $22.4, indicating a positive outlook for the company's stock.
August 27, 2024 | 11:47 am
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POSITIVE IMPACT
B of A Securities has increased its price target for GDS Holdings from $12.4 to $22.4, maintaining a Buy rating. This suggests a positive outlook and potential upside for the stock.
The increase in the price target from $12.4 to $22.4 by B of A Securities, along with the maintained Buy rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in GDS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100