Information Provided By: 
Fly News Breaks for June 1, 2015
INXN, EQIX
Jun 1, 2015 | 08:15 EDT
Pacific Crest increased its price target on Equinix (EQIX) after the company agreed to buy TelecityGroup. The firm thinks the deal will be accretive to Equinix's AFFO per share, as it thinks the company's AFFO guidance is overly conservative. Pacific Crest believes that the combined entity will enjoy increased pricing leverage as well as cost and revenue synergies. It keeps an Overweight rating on Equinix, and adds that the deal has made Interxion (INXN) a likely takeover target for wholesale data center REITs,
News For EQIX;INXN From the Last 2 Days
