21Vianet rapid expansion goal for 2014 should be met, says Canaccord Canaccord expects to see a reacceleration of revenue growth and margin expansion for 21Vianet as the company undergoes a rapid expansion program. The firm believes this will demonstrate the company's leadership in the market and keeps its Buy rating and $31 price target on the stock.
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21Vianet price target raised to $35 from $31 at Canaccord Canaccord raised its price target on 21Vianet to $35 from $31 following its Q2 earnings. The firm noted its solid guidance and investments in various growth initiatives and keeps a Buy rating on the shares.