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Fly News Breaks for August 1, 2019
EQIX
Aug 1, 2019 | 06:55 EDT
JPMorgan analyst Philip Cusick raised his price target for Equinix to $580 from $524 saying the company reported "strong" Q2 results with "robust" signings. Equinix remains the analyst's top real estate investment trust pick with an Overweight rating. Equinix's retail-dominated business has largely avoided issues within the wholesale datacenter space, Cusick tells investors in a research note.
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