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EQIX

Equinix

$446.30

4.58 (1.04%)

08:18
10/02/17
10/02
08:18
10/02/17
08:18

Equinix names Brian Lillie as Chief Product Officer

Equinix announced two strategic leadership moves within the executive team. Company veteran Brian Lillie will assume the role of Chief Product Officer effective as of October 1st. In this newly created role, Lillie will lead the product management, design, development and engineering teams as part of the new Global Product organization. Lillie has served as the Chief Customer Officer of Equinix since September 2016, and served as the Global CIO for the previous eight years. Equinix also announced Laura Ortman has been promoted to the role of Chief Customer Officer, taking over leadership of the Global Customer Success organization as Lillie steps into his Chief Product Officer role. In this role, Ortman will continue to drive the Equinix commitment to being a customer-centric organization which provides a globally consistent and reliable customer experience across the entire company. Ortman will define and implement an enterprise-wide customer experience vision to help drive customer loyalty and retention, and create a truly differentiated experience for customers. In this role, Ortman will help ensure that customers benefit from the experience and expertise Equinix brings as these organizations realign to extract value from the shift to digital and navigate the demands of a "cloud-driven" business.

  • 02

    Oct

  • 22

    Oct

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    Dec

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    Dec

EQIX Equinix
$446.30

4.58 (1.04%)

09/11/17
MUFG
09/11/17
NO CHANGE
Target $504
MUFG
Equinix price target raised to $504 after European acquisitions at MUFG
After Equinix (EQIX) announced an agreement to purchase Itconic and Cloudmas from the Carlyle Group (CG), MUFG analyst Stephen Bersey said he thinks Itconic's data centers may have room to be developed and that Equinix can generate added upside from existing space by increasing utilization rates. The analyst, who called the European acquisitions "a solid strategic addition," raised his price target on Equinix to $504 from $471 and keeps an Overweight rating on the stock.
06/30/17
FBCO
06/30/17
INITIATION
Target $510
FBCO
Outperform
Equinix initiated with an Outperform at Credit Suisse
Credit Suisse analyst Sami Badri started coverage of the Data Center REITS, initiating Equinix with an Outperform rating and $510 price target, contending that the company has a "wide lead" on interconnection peering points and customer interconnection services and that it is leading the "colocation boom."
05/25/17
NOMU
05/25/17
INITIATION
Target $490
NOMU
Buy
Equinix initiated with a Buy at Nomura Instinet
Nomura initiated Jeffrey Kvaal initiated Equinix with a Buy and a $490 price target saying its scale positioned it well for the cloud migration, which the firm's networking coverage suggests is accelerating. The analyst's estimates are above consensus as each new connection raises the value of Equinix's connectivity.
05/11/17
ADAM
05/11/17
NO CHANGE
Target $525
ADAM
Buy
Equinix price target raised to $525 from $465 at Canaccord
Canaccord analyst Paul Morgan raised his price target on Equinix to $525 from $465 following meetings with management. The analyst said he sees near-term upside from the portfolio's top asset, selling into 600 new customer logos, and absorbing capacity from other locations. Morgan sees Equinix as well positioned to deliver double digit secular growth and he reiterated his Buy rating on the shares.

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