Equinix price target raised to $1,015 from $894 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Equinix (EQIX) to $1,015 from $894 and keeps a Neutral rating on the shares. Equinix is well-positioned to benefit from growing investments in AI inference, with agent workloads benefiting from being closer to the edge and increased adoption of hybrid multi-cloud, particularly given data sovereignty and latency requirements, all of which a colocation platform like Equinix should be able to support, the analyst tells investors in a research note.