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Fly News Breaks for January 5, 2016
EQIX
Jan 5, 2016 | 08:53 EDT
As previously reported, Stifel upgraded Equinix to Buy from Hold and established a $340 price target on shares. Analyst Matthew Heinz believes the combination of strong organic growth and accretive M&A should drive above-peer AFFO/sh growth in 2016 as the company widens its competitive position and further solidifies its position as the global leader in interconnection-dense colocation.
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