Stock Track | Kingsoft Cloud Soars 5.06% in Night Session Following Goldman Sachs Upgrade

Stock Track

02/12

Kingsoft Cloud Holdings Ltd (KC) shares soared 5.06% during the night session, continuing positive momentum for the stock.

The upward movement follows an analyst upgrade from Goldman Sachs, which raised its rating on Kingsoft Cloud to buy from neutral and increased its price target to $15.60 from $14.20. Such upgrades typically signal improved confidence in a company's future prospects and can attract investor buying interest.

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