TD Cowen Maintains Buy on Equinix, Raises Price Target to $984
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Michael Elias maintains a Buy rating on Equinix (NASDAQ:EQIX) and raises the price target from $865 to $984.
October 31, 2024 | 5:53 pm
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POSITIVE IMPACT
TD Cowen has reaffirmed its Buy rating on Equinix and increased the price target from $865 to $984, indicating a positive outlook.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence, potentially leading to a short-term increase in stock price. The significant raise in the price target suggests strong expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100