BMO Capital Maintains Outperform on Equinix, Raises Price Target to $1020
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its 'Outperform' rating on Equinix and raised the price target from $975 to $1020, indicating confidence in the company's future performance.
October 31, 2024 | 1:17 pm
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BMO Capital has reaffirmed its 'Outperform' rating for Equinix and increased the price target to $1020, suggesting a positive outlook for the company's stock.
The increase in price target from $975 to $1020 by BMO Capital, along with the maintained 'Outperform' rating, indicates a strong positive sentiment from analysts. This is likely to boost investor confidence and could lead to a short-term increase in Equinix's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100