BMO Capital Maintains Outperform Rating for Equinix: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Outperform rating for Equinix (NASDAQ:EQIX) and raised its price target from $800.00 to $870.00. Equinix operates 248 data centers in 71 markets worldwide, with 46% of its revenue coming from the Americas.
June 16, 2023 | 5:00 pm
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BMO Capital maintains Outperform rating for Equinix and raises price target from $800 to $870, indicating a potential 10.62% increase from the current share price.
BMO Capital's decision to maintain its Outperform rating and raise the price target for Equinix suggests that they believe the stock has potential for growth in the short term. This positive outlook from a reputable financial institution is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100