Barclays Maintains Equal-Weight on Equinix, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Equal-Weight rating on Equinix (NASDAQ:EQIX) and raises the price target from $79 to $91.
March 05, 2024 | 11:33 am
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Barclays maintains an Equal-Weight rating on Equinix and raises the price target from $79 to $91.
The increase in price target by Barclays reflects a positive outlook on Equinix's stock, suggesting potential upside. Given the analyst's influence, this could lead to increased investor confidence and a short-term rise in EQIX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100