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Fly News Breaks for October 31, 2019
EQIX
Oct 31, 2019 | 08:51 EDT
Oppenheimer analyst Timothy Horan raised his price target for Equinix (EQIX) to $650 from $550 and maintained an Outperform rating, saying management's tone sounded "more positive" on trends, and gross bookings in Q3 were the highest ever for a third quarter and second-highest ever. The analyst tells investors in a research note that the Interxion (INXN) and Digital Realty (DLR) merger represents and opportunity for Equinix to gain share.