Evercore ISI Reiterates Outperform Rating on Equinix (EQIX)

Evercore ISI analyst John Belton reiterated an Outperform rating and $945.00 price target on Equinix (NASDAQ: EQIX).

The analyst comments "ALL YOU NEED TO KNOW: Last week, we hosted Steve Madden (VP of Digital Transformation & Segmentation Marketing) and Katie Morgan (Investor Relations and Sustainability Senior Manager) at our 16th Annual Real Estate Conference (virtual). We came away from the fireside discussion and investor meetings with an incrementally more positive view on EQIX’s overall demand backdrop, their mission critical role enabling AI/digital transformation imperatives, pricing environment, cab adds trajectory in H2, and potential for increased interconnection density longer-term. Maintain OP and $945 Target."

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 $817.96 yesterday.

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