Equinix, Inc. (EQIX) Tops Q1 EPS by 9c, Offers Guidance

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Equinix (EQIX) Numbers Sliced at Jefferies Post Q1, But 'Buy' Maintained

May 1, 2014 12:41 PM EDT

Jefferies analyst Mike McCormack trimmed slashed estimates and his price target on Equinix (NASDAQ: EQIX) to $210.00 (from $230.00) following solid Q1 results but weak guidance. However, he is sticking with a Buy rating.

McCormack comments, "EQIX delivered results that were slightly above expectations, but overshadowed... More