JP Morgan initiated coverage on Chindata Group with a new price target
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JP Morgan initiated coverage of Chindata Group with a rating of Overweight and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/7/2022 | $8.30 | Neutral → Outperform | Credit Suisse |
| 12/13/2021 | $8.30 | Outperform → Neutral | Credit Suisse |
| 8/18/2021 | $18.00 | Overweight | JP Morgan |
BEIJING, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (NASDAQ:CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced the completion of its merger (the "Merger") with BCPE Chivalry Merger Sub Limited ("Merger Sub"), a wholly owned subsidiary of BCPE Chivalry Bidco Limited ("Parent"), pursuant to the previously announced agreement and plan of merger dated as of August 11, 2023 (the "Merger Agreement"), by and among the Company, Parent and Merger Sub. As a result of the Merger, the Company ceased to be a publicly traded company and became a wholly owned subsidiary of Par
BEIJING, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (NASDAQ:CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that at an extraordinary general meeting of shareholders (the "EGM") held today, the Company's shareholders voted in favor of, among other things, the proposal to authorize and approve the execution, delivery and performance of the previously announced agreement and plan of merger, dated as of August 11, 2023 (the "Merger Agreement"), among the Company, BCPE Chivalry Bidco Limited, an exempted company with limited liability incorporated under the laws o
BEIJING, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (NASDAQ:CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on December 4, 2023 at 10:30 a.m. (Beijing time), at No. 47 Laiguangying East Road, Chaoyang District, Beijing, People's Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated August 11, 2023, among the Company, BCPE Chivalry Bidco
Credit Suisse upgraded Chindata Group Holdings from Neutral to Outperform and set a new price target of $8.30
Credit Suisse downgraded Chindata Group from Outperform to Neutral and set a new price target of $8.30
JP Morgan initiated coverage of Chindata Group with a rating of Overweight and set a new price target of $18.00