21Vianet Group (VNET) Tops Q4 EPS by 7c

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21Vianet (VNET) PT Lowered to $7.50 at Stifel Following 4Q

March 9, 2017 9:32 AM EST

Stifel lowered its price target on 21Vianet (NASDAQ: VNET) to $7.50 (from $9.00) while maintaining a Hold rating. For FY17, VNET guided to revenues of RMB 3.7B-3.9B (3.8B mid) and adj. EBITDA of RMB 420M-460M (440M mid), implying 11.6% margins at the midpoint.

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