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Fly News Breaks for February 14, 2019
EQIX
Feb 14, 2019 | 08:02 EDT
Credit Suisse analyst Sami Badri raised his price target for Equinix to $474 from $467 following quarterly results. The analyst believes the company is best positioned as a global interconnection leader and continues to see shareholder sponsorship at current levels given the business moat, global distribution, and strategically executed acquisitions to further expand into new metros and markets. The company has now completed its year-long investment year in 2018 that Badri believes will pay off, leading him to reiterate an Outperform rating.
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