Truist Securities Upgrades Equinix to Buy, Raises Price Target to $915
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Anthony Hau has upgraded Equinix (NASDAQ:EQIX) from Hold to Buy and increased the price target from $871 to $915.
January 16, 2024 | 5:01 pm
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POSITIVE IMPACT
Equinix has been upgraded by Truist Securities from Hold to Buy with a raised price target from $871 to $915, indicating a positive outlook on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or potential for the company. The increase in price target further reinforces the positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100