Equinix (EQIX) Post Q2 EPS from Cont Ops of $0.59

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Equinix (EQIX) PT Raised to $497 at Stifel; Reiterates Buy

August 3, 2017 7:19 AM EDT

Stifel raised its price target on Equinix (NASDAQ: EQIX) to $497.00 (from $485.00) while maintaining a Buy rating. EQIX reported 2Q AFFO/sh of $4.59, compared to $4.40 estimates. Adjusted EBITDA was $509.3M, which absorbs the aforementioned integration costs. Total revenues were $1,066.4M, beating estimate by... More