Equinix price target raised to $91 from $79 at Barclays

Barclays raised the firm’s price target on Equinix to $91 from $79 and keeps an Equal Weight rating on the shares as part of a broader research note on U.S. Communication Infrastructure. The company’s low-latency, interconnection-rich assets, offer significant ecosystem value to tenants, but the trend of customers optimizing their deployments is weighing on cabinet growth, the analyst tells investors in a research note.