Truist raised the firm’s price target on Equinix to $935 from $915 and keeps a Buy rating on the shares. The price target increase is based on second quarter results and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note. The firm raised its 2024 AFFO estimates to $35.12 from $34.90 and its 2025 AFFO estimates to $37.59 from $37.51.
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