Canaccord Genuity Downgrades 21Vianet Group To Hold - VNET Gr (NASDAQ:VNET)

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Analysts at Canaccord Genuity downgraded 21Vianet Group (NASDAQ: VNET) from Buy to Hold. The price target for 21Vianet Group is set to $19. 21Vianet Group shares have surged 17.75% over the past 52 weeks, while the S&P 500 index has gained 14.38% in the same period.21Vianet Group's shares dipped 13.29% to $18.00 in pre-market trading.

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