Equinix (EQIX) PT Raised to $500 at FBN Securities

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Go back to Equinix (EQIX) PT Raised to $500 at FBN Securities

Equinix (EQIX) PT Raised to $472 at Oppenheimer; 'Updating Estimates for Verizon Assets'

May 2, 2017 10:43 AM EDT

Oppenheimer raised its price target on Equinix (NASDAQ: EQIX) to $472.00 (from $440.00) while maintaining a Outperform rating, as the company closed its acquisition of 29 Verizon data centers.

Analyst Timothy Horan notes that management secures 600 news customers (1,000 overall) and about 3 million gross square... More