Morgan Stanley Maintains Equal-Weight on Equinix, Raises Price Target to $725
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery maintains an Equal-Weight rating on Equinix (NASDAQ:EQIX) and raises the price target from $714 to $725.
May 30, 2023 | 12:43 pm
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Morgan Stanley maintains an Equal-Weight rating on Equinix and raises the price target from $714 to $725.
The news of Morgan Stanley maintaining an Equal-Weight rating on Equinix and raising the price target from $714 to $725 indicates that the analyst sees potential for the stock price to increase. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, which means the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100