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Equinix price target raised to $1,215 from $1,127 at Truist

Truist raised the firm’s price target on Equinix (EQIX) to $1,215 from $1,127 and keeps a Buy rating on the shares after its Q1 results. The firm is increasingly constructive on the company’s ability to deliver FFO per share CAGR of 10% over the next several years, the analyst tells investors in a research note.

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