Unusual Movement in US Stocks | 21Vianet Group (VNET.US) Rises Over 9%, Receives Goldman Sachs' Target Price Upgrade and Reaffirms "Buy" Rating

date
05/09/2025
According to the Securities Times app, on Friday, Century Internet (VNET.US) rose more than 9%, closing at $8.34. A Goldman Sachs report stated that despite the expected supply bottlenecks in the second quarter of 2025, the demand for AI in Chinese data centers remains relatively stable. Century Internet has exceeded expectations in terms of revenue and EBITDA, benefiting from steady customer onboarding speed and resilient pricing. The bank raised its target price from $12 to $13 and reiterated a "buy" rating.