Jefferies Starts InterXion Holding (INXN) at Buy

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March 21, 2012 7:09 AM EDT
Get Alerts INXN Hot Sheet
Price: $77.41 --0%

Rating Summary:
    14 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on InterXion Holding (NYSE: INXN) with a Buy. PT $21.50.

The firm comments, "Interxion is a well-established European data centre operator with market leading positions in a number of countries. Its scale and financial performance are on par with Telecity, yet it trades on a compelling 36% valuation discount to its rival. We anticipate strong organic growth and margin expansion from Interxion, helped by accelerating new openings and landmark contract wins."

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

Shares of InterXion Holding closed at $15.79 yesterday.

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