Deutsche Bank Downgrades GDS Holdings (GDS) to Hold
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Yesterday JPMorgan Downgraded GDS Holdings (GDS) to Neutral
August 25, 2022 9:30 AM EDTJPMorgan analyst Gokul Hariharan downgraded GDS Holdings (NASDAQ: GDS) from Overweight to Neutral with a price target of $28.00 (from $45.00).
The analyst commented "We are downgrading GDS to Neutral, and cutting adj. EBITDA estimates for FY22/23 by 2/11%. Move-in activity for China cloud and internet... More
