Goldman Sachs Maintains Buy on Equinix, Raises Price Target to $980
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst James Schneider has maintained a Buy rating on Equinix (NASDAQ:EQIX) and raised the price target from $870 to $980.
September 26, 2024 | 3:32 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Equinix and increased the price target from $870 to $980, indicating a positive outlook for the stock.
The increase in price target from $870 to $980 by a major financial institution like Goldman Sachs suggests a strong positive outlook for Equinix. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100