Barclays Maintains Equal-Weight on Equinix, Raises Price Target to $788
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch has maintained an Equal-Weight rating on Equinix (NASDAQ:EQIX) and increased the price target from $720 to $788.

January 24, 2024 | 8:52 pm
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Barclays has maintained an Equal-Weight rating on Equinix and raised the price target from $720 to $788, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive adjustment in their valuation of Equinix, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Equal-Weight rating suggests that the stock is adequately valued at the current levels, but the raised target indicates an expectation of some growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100