Truist Securities Downgrades Equinix to Hold, Lowers Price Target to $815
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Greg Miller has downgraded Equinix (NASDAQ:EQIX) from Buy to Hold and lowered the price target from $870 to $815.
June 27, 2023 | 10:18 am
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Equinix (NASDAQ:EQIX) has been downgraded from Buy to Hold by Truist Securities, with a lowered price target of $815.
The downgrade from Buy to Hold and the lowering of the price target by Truist Securities may negatively impact Equinix's stock price in the short term, as it signals a less optimistic outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100