Barclays Maintains Equal-Weight on Equinix, Raises Price Target to $810
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on Equinix (NASDAQ:EQIX) and raises the price target from $671 to $810.
October 28, 2024 | 1:50 pm
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Barclays analyst Tim Long has raised the price target for Equinix from $671 to $810 while maintaining an Equal-Weight rating.
The increase in the price target from $671 to $810 by Barclays suggests a positive outlook on Equinix's future performance. Although the rating remains Equal-Weight, the significant increase in the price target could lead to a positive short-term impact on the stock price as investors may perceive this as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100