[ET Net News Agency, 28 May 2021] Daiwa lowered its target price for GDS Holdings
(09698) to HK$82 from HK$87 and maintained its "outperform" rating.
The research house said it trims its 2021-22E EBITDA by 1.2-2.7% on likely near-term
price competition. It is more positive than the market on the utilisation rate ramp-up
over 2022-23E. (RC)