Citizens analyst Greg Miller raised the firm’s price target on Equinix (EQIX) to $1,350 from $1,200 and keeps an Outperform rating on the shares. The firm updated its estimates following the company’s Q1 results to reflect continued strength in demand, sustained bookings momentum and improving forward visibility. Record backlog and AI-driven bookings support upside to the forward outlook, the analyst tells investors in a research note.
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