BofA raised the firm’s price target on GDS Holdings (GDS) to $50.60 from $47.60 and keeps a Buy rating on the shares. The firm is trimming its FY26-27 adjusted EBITDA estimates by 2%, rolling over its valuation and partly reflecting less net debt post a C-REITS IPO, all of which drives its price target increase.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GDS:
- GDS Holdings: Strong Financial Performance and Strategic Growth Drive Buy Rating
- GDS Holdings price target raised to $50 from $40 at Citizens JMP
- GDS Holdings Reports Strong Q2 2025 Growth
- GDS Holdings Reports Strong Q2 2025 Financial Results and Strategic Milestone
- GDS Holdings Announces Financial Reconciliation for H1 2025