8 Analysts Assess Equinix: What You Need To Know
Portfolio Pulse from Benzinga Insights
Equinix (NASDAQ:EQIX) has been analyzed by 8 analysts, showing a range of bullish to somewhat bullish sentiments. Recent analyst actions have raised price targets, with an average target of $923, reflecting a 4.68% increase. Equinix operates 260 data centers globally, with strong revenue growth but challenges in profitability and ROE.
October 01, 2024 | 9:00 pm
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POSITIVE IMPACT
Equinix has received predominantly bullish analyst ratings, with several analysts raising their price targets. The average price target is now $923, up 4.68% from the previous average. Equinix shows strong revenue growth but faces challenges in profitability and ROE.
The majority of analysts have a bullish outlook on Equinix, with raised price targets indicating positive sentiment. The company's strong revenue growth supports this view, although challenges in profitability and ROE may temper expectations. The overall impact is likely positive in the short term due to the raised price targets and bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100