RBC Capital Maintains Outperform on Equinix, Raises Price Target to $950
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jonathan Atkin has maintained an Outperform rating on Equinix (NASDAQ:EQIX) and increased the price target from $855 to $950.
February 29, 2024 | 4:58 pm
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POSITIVE IMPACT
RBC Capital has maintained an Outperform rating on Equinix and raised the price target from $855 to $950.
The increase in price target by a reputable analyst firm like RBC Capital typically signals a strong confidence in the company's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100