Wells Fargo raised the firm’s price target on Equinix (EQIX) to $975 from $925 and keeps an Overweight rating on the shares. The firm says that a stronger-than-expected bookings and ramp in recurring revenues should bolster confidence in the Equinix story, with AFFO/share coming in ahead of expectations.
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Read More on EQIX:
- Equinix price target raised to $1,070 from $950 at Citi
- Equinix: Strong Bookings, Upbeat 2026–2027 Outlook and Operating Leverage Support Continued Buy Rating
- Equinix: Stronger‑Than‑Expected 2026 Outlook and Accelerating AFFO Growth Support Buy Rating
- Equinix Updates Federal Tax Considerations for REIT Status
- Equinix increases quarterly dividend to $5.16 per share