Equinix price target raised to $1,050 from $1,020 at HSBC

HSBC raised the firm’s price target on Equinix (EQIX) to $1,050 from $1,020 and keeps a Buy rating on the shares. The 2026 demand outlook for the U.S. data centers “looks robust,” with power constraints still a key factor, the analyst tells investors in a research note. The firm says oversupply concerns are “likely premature for now.”