Equinix price target lowered to $1,065 from $1,085 at BMO Capital

BMO Capital analyst Ari Klein lowered the firm’s price target on Equinix (EQIX) to $1,065 from $1,085 and keeps an Outperform rating on the shares. The company’s Q4 results and 2025 guidance was short of estimates, but beyond “considerable noise”, most of its underlying metrics were positive, the analyst tells investors in a research note. Despite some capacity constraints, Equinix delivered record gross bookings with backlog at a multi-year high, and AI demand appears to be ramping, the firm added.