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Equinix price target raised to $1,200 from $1,100 at JPMorgan

JPMorgan raised the firm’s price target on Equinix (EQIX) to $1,200 from $1,100 and keeps an Overweight rating on the shares. The firm views the company’s Q1 report as solid. However, a delay in the Hampton lease transaction pushed revenue into Q2, the analyst tells investors in a research note.

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