Equinix (EQIX) PT Raised to $510 at Nomura/Instinet
Nomura/Instinet raised its price target on Equinix (NASDAQ: EQIX) to $510.00 (from $490.00) while maintaining a Buy rating.
Analyst Jeff Kvall believes the core business remains healthy and see a long-run for execution. The analyst is not expecting Q3 to sway perception of the "well-positioned industry leader" and raises his estimates and thus the PT.