HSBC Upgrades Equinix to Buy, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Phani Kanumuri has upgraded Equinix (NASDAQ:EQIX) from Hold to Buy and increased the price target from $865 to $1000.
October 04, 2024 | 9:45 am
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HSBC has upgraded Equinix from Hold to Buy, raising the price target from $865 to $1000, indicating a positive outlook on the stock.
The upgrade from Hold to Buy by HSBC, along with a significant increase in the price target, suggests a strong positive sentiment towards Equinix. This is likely to lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100