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Equinix price target raised to $995 from $993 at TD Cowen

TD Cowen analyst Michael Elias raised the firm’s price target on Equinix (EQIX) to $995 from $993 and keeps a Buy rating on the shares. The firm said they reported mixed 3Q25 results, strong bookings, and adjusted its 2025 guidance. They are encouraged by management commentary on 4Q25 quarter-to-date bookings as management called out a “very strong” demand pipeline and late-stage customer negotiations to lease all 240MW at its Atlanta xScale site.

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