Morgan Stanley Maintains Equal-Weight on Equinix, Lowers Price Target to $762
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Equal-Weight rating on Equinix (NASDAQ:EQIX) and reduced the price target from $767 to $762.

March 28, 2024 | 6:34 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Equinix and lowered the price target from $767 to $762.
The adjustment in price target by a major analyst like Morgan Stanley could influence investor sentiment but the maintenance of an Equal-Weight rating suggests no significant change in the company's outlook. Therefore, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90