Bank of America Initiates Coverage on Business/IT Services Stocks
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Bank of America initiates coverage on Equinix (Nasdaq: EQIX) with a Buy. Price target $110.
Bank of America also initiates coverage on SAVVIS (Nasdaq: SVVS) with a Neutral rating. Price target $16.
Equinix, Inc. provides colocation, interconnection, and managed IT infrastructure services in the United States, the Asia-Pacific, and Europe.
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