GDS Holdings Limited (GDS) Launches Share Offering

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GDS Holdings (GDS) PT Lowered to $37.32 at Jefferies

May 28, 2025 6:57 AM EDT

Jefferies analyst Edison Lee lowered the price target on GDS Holdings (NASDAQ: GDS) to $37.32 (from $47.76) while maintaining a Buy rating.

The analyst comments "GDS announced the issue of 1) a US$500m 7-year CB at 2.25% coupon and convertible at US$33.08/ADS (35% premium),... More