Goldman Sachs Maintains a 'Neutral' on Equinix (EQIX); REIT Framework Reviewed; Estimates Adjusted

Goldman Sachs maintains a 'Neutral' on Equinix (NASDAQ: EQIX) price target of $194.00 (from $150.00).

Analyst, Scott Goldman, said, "We walk away more constructive on EQIX’s ability to maintain/support its growth under a REIT structure but we remain Neutral rated, as we believe expectations for a 2014 REIT conversion are already reflected in the current price."

FY12 EPS estimate raised from $2.42 to $2.56, FY13 from $3.22 to $3.41 and FY14 from $4.82 to $5.26.

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 $170.22 yesterday.

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