Stifel Downgrades 21Vianet (VNET) to Hold
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UPDATE: Canaccord Genuity Downgrades 21Vianet (VNET) to Hold
November 26, 2014 8:00 AM EST(Updated - November 26, 2014 11:19 AM EST)
Canaccord Genuity downgraded 21Vianet (NASDAQ: VNET) from Buy to Hold with a price target of $19.00 (from $35.00). The change follows its soft Q3 report and Q4 guidance. Analyst Greg Miller noted core weakness.
"While headline results... More
21Vianet Group (VNET) Tops Q3 EPS by 4RMB
November 25, 2014 4:05 PM EST21Vianet Group (NASDAQ: VNET) reported Q3 EPS of RMB0.54 (US$0.09), RMB0.04 better than the analyst estimate of RMB0.50. Revenue for the quarter came in at RMB778.5 million ( (US$126.8 million) versus the consensus estimate of RMB774.3 million.
For the fourth quarter of 2014, the... More
