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Fly News Breaks for June 21, 2018
EQIX
Jun 21, 2018 | 09:12 EDT
Cowen analyst Colby Synesael lowered his price target on Equinix to $494 from $546 following the company's analyst day. The analyst said his price target still implies 20% upside for the shares and said Q2 through May was tracking to be the best quarter in the company's history. He said the updated guidance caused him to tweak his estimates and price target lower. Synesael reiterated his Outperform rating on Equinix shares.
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