Wells Fargo Maintains Overweight on Equinix, Raises Price Target to $975
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on Equinix (NASDAQ:EQIX) and raised the price target from $875 to $975.
October 17, 2024 | 4:11 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Equinix from $875 to $975, maintaining an Overweight rating. This suggests a positive outlook for Equinix's stock.
The increase in price target from $875 to $975 by Wells Fargo indicates a strong positive sentiment towards Equinix's future performance. The Overweight rating suggests that the stock is expected to outperform the market, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100