Analysts Are Bullish on These Technology Stocks: GDS Holdings (GDS), Grindr (GRND)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on GDS Holdings (GDS – Research Report) and Grindr (GRND – Research Report) with bullish sentiments.

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GDS Holdings (GDS)

Nomura analyst Ethan Zhang CFA maintained a Buy rating on GDS Holdings yesterday and set a price target of $35.80. The company’s shares closed last Monday at $27.79.

GDS Holdings has an analyst consensus of Strong Buy, with a price target consensus of $42.43.

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• GDS Holdings’ Earnings Call: Record Growth Amid Challenges
• Positive Long-Term Outlook for GDS Holdings Amid Strong Hyperscaler Demand and Strategic Initiatives
• GDS Holdings price target raised to $40 from $35 at Citizens JMP
• GDS Holdings: Strong Financial Performance and Growth Prospects Justify Buy Rating
• GDS Holdings upgraded to Strong Buy from Outperform at Raymond James