GDS Holdings Ltd. (NASDAQ: GDS) has been upgraded to Outperform by RBC Capital, with a new price target of $48. This positive view is supported by recent asset-backed securities and real estate trust deals, as well as the potential for a dual-primary listing in Hong Kong to improve liquidity and narrow the valuation gap. Analyst sentiment is overwhelmingly positive, with most analysts giving a Buy or equivalent rating. The company is a leading provider of data center and IT infrastructure services in China and Southeast Asia, offering colocation, managed hosting, and cloud services.

Read more at Yahoo Finance: RBC Upgrades GDS Holdings (GDS) to Outperform, Lifts PT to $48