Cantor Fitzgerald raised the firm’s price target on Equinix (EQIX) to $1,186 from $1,173 and keeps an Overweight rating on the shares. Equinix delivered strong underlying performance with record sales activity and improved churn, and while revenue and EBITDA were slightly impacted by timing shifts, the company raised full-year guidance amid broad-based strength and continues to be viewed as a critical infrastructure enabler for AI and inference workloads, the analyst tells investors in a research note.
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