Truist lowered the firm’s price target on Equinix (EQIX) to $986 from $990 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect Q1 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQIX:
- Equinix price target lowered to $955 from $972 at Argus
- Equinix price target raised to $990 from $970 at Citi
- Equinix’s Earnings Call: Positive Outlook Amid Challenges
- Equinix price target raised to $1,018 from $978 at TD Cowen
- Equinix: Strong Financial Performance and Strategic AI Positioning Justify Buy Rating
