Wells Fargo Maintains Equal-Weight on Equinix, Lowers Price Target to $740
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Equal-Weight rating on Equinix (NASDAQ:EQIX) and lowered the price target from $810 to $740.
October 26, 2023 | 1:07 pm
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NEGATIVE IMPACT
Equinix's price target has been lowered from $810 to $740 by Wells Fargo, while maintaining an Equal-Weight rating.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Equinix's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100