Jefferies Lifts Target on Equinix (EQIX) to $250
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Price: $1,102.10 +2.64%
Rating Summary:
33 Buy, 14 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
33 Buy, 14 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies boosted its price target on Equinix (NASDAQ: EQIX) from $200 to $250 following board approval to convert to a REIT, which could happen for the 2015 tax year.
"A much anticipated move, nonetheless, we estimate it could lead to higher than previously expected FFO in 2015," the analyst said.
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 $200.50 yesterday.
"A much anticipated move, nonetheless, we estimate it could lead to higher than previously expected FFO in 2015," the analyst said.
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 $200.50 yesterday.
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