TD Cowen lowered the firm’s price target on GDS Holdings (GDS) to $36 from $37 and keeps a Buy rating on the shares. The firm said they see upside to the 2026 bookings target of +500MW with 340MW signed year-to-date and continue to view 2026 as an investment year that positions them for stronger revenue and EBITDA growth in 2H27+ as AI hyperscale demand accelerates across China.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GDS: