Jefferies Upgrades Equinix (EQIX) to Buy

Jefferies analyst Jonathan Petersen upgraded Equinix (NASDAQ: EQIX) from Hold to Buy with a price target of $479.00 (from $454.00).

The analyst comments "We believe EQIX has built a data center portfolio that should consistently deliver the strongest level of organic growth among the Data Center REITs. With dilution from recent acquisitions behind them, earnings growth should begin to accelerate in 2019."

For an analyst ratings summary and ratings history on Equinix click here. For more ratings news on Equinix click here.

Shares of Equinix closed at $386.47 yesterday.

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