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Equinix price target raised to $984 from $865 at TD Cowen

TD Cowen raised the firm’s price target on Equinix (EQIX) to $984 from $865 and keeps a Buy rating on the shares. The firm said the company disclosed record 3Q24 gross bookings, reported upside billable cabinet net adds, and raised its 2024 guidance. Management again highlighted a record pipeline as demand strength continues.

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