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Fly News Breaks for December 13, 2019
GDS
Dec 13, 2019 | 09:27 EDT
SunTrust analyst Greg Miller raised his price target on GDS Holdings to $55 and kept his Buy rating after meeting with its management. The analyst says the discussion affirmed the company's market opportunity in China, where data center demand relative to existing supply remains "extremely strong", and he expects the existing growth rate in the market to carry over into 2021.
News For GDS From the Last 2 Days
GDS
Mar 26, 2024 | 12:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
GDS
Mar 26, 2024 | 08:57 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Krispy... To see the rest of the story go to thefly.com. See Story Here
GDS
Mar 26, 2024 | 07:55 EDT
GDS Holdings announced the appointment of Ms. Jamie Khoo, currently the COO of GDS, as the CEO of DigitalLand Holdings, the holding company for GDS's international data center assets and operations. The appointment is effective at the closing of the Series A capital raise of GDS International. Concurrently, Jamie will step down as the COO of GDS. Her responsibilities as the COO of GDS will be assigned to Mr. Kejing Zhang, SVP, Sales, Ms. Yan Liang, SVP, Operational Excellence, and certain other personnel.
GDS
Mar 26, 2024 | 07:51 EDT
For the full year of 2024, the Company expects its total revenues to be between RMB11,340 million to RMB11,760 million, implying a year-on-year increase of between approximately 13.9% to 18.1%; and its Adjusted EBITDA to be between RMB4,950 million to RMB5,150 million, implying a year-on-year increase of between approximately 7.0% to 11.4%. In addition, the Company expects capex to be around RMB6,500 million for the full year of 2024.