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Fly News Breaks for December 10, 2018
EQIX
Dec 10, 2018 | 05:51 EDT
Jefferies analyst Jonathan Petersen upgraded Equinix to Buy and raised his price target for the shares to $479 from $454. The company has built a data center portfolio that should consistently deliver the strongest level of organic growth among the Data Center real estate investment trusts, Petersen tells investors in a research note. He sees Equinix's earnings growth accelerating in 2019 with dilution from acquisitions now behind the company.
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