tiprankstipranks
Advertisement
Advertisement

Equinix price target raised to $1,200 from $975 at Wells Fargo

Wells Fargo raised the firm’s price target on Equinix (EQIX) to $1,200 from $975 and keeps an Overweight rating on the shares. The firm is also raising estimates ahead of Q1, with colocation / enterprise demand ramping and pricing power a major tailwind. Valuation and outperformance year-to-date, however, raise the bar for future performance.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1