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Why GDS Holdings Stock Is Up Today

TheMotleyFool

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Shares of GDS Holdings (NASDAQ: GDS) were rising today after the company's stock was upgraded by an analyst.

The tech stock was up by 15.3% as of 11:20 a.m. ET.

Morgan Stanley analyst Yang Liu upgraded GDS Holdings' stock from equal weight to overweight and put a $60 price target on it today. That price represents nearly 54% upside from GDS' closing price yesterday.

Source Fool.com

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