Truist lowered the firm’s price target on Equinix (EQIX) to $986 from $990 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect Q1 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on EQIX:
- Equinix price target lowered to $955 from $972 at Argus
- Equinix price target raised to $990 from $970 at Citi
- Equinix’s Earnings Call: Positive Outlook Amid Challenges
- Equinix price target raised to $1,018 from $978 at TD Cowen
- Equinix: Strong Financial Performance and Strategic AI Positioning Justify Buy Rating