TD Cowen Maintains Buy on Equinix, Lowers Price Target to $859
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Michael Elias maintains a Buy rating on Equinix (NASDAQ:EQIX) but lowers the price target from $862 to $859.
May 10, 2024 | 5:53 pm
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TD Cowen maintains a Buy rating on Equinix but lowers the price target slightly from $862 to $859.
The adjustment in price target by TD Cowen is minor, suggesting a continued positive outlook on Equinix with a slight adjustment in valuation expectations. This indicates a stable but slightly adjusted expectation for Equinix's stock value in the short term. The maintenance of a Buy rating reinforces the analyst's positive view on the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100