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Fly News Breaks for March 15, 2018
GDS
Mar 15, 2018 | 07:59 EDT
RBC Capital analyst Jonathan Atkin raised his price target on GDS Holdings to $33 and kept his Outperform rating in spite of yesterday's 9% decline in the stock price. The analyst believes that the company is "well positioned for continued growth to meet strong market demand and achieve further operating leverage", having issued FY18 outlook that suggests an accelerating normalized revenue and EBITDA growth.
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