Truist lowered the firm’s price target on Equinix (EQIX) to $990 from $1,028 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is adjusting its model to reflect the sector’s Q4 results and its adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on EQIX:
- Equinix price target raised to $1,040 from $1,033 at Scotiabank
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- Equinix price target lowered to $1,033 from $1,114 at Scotiabank
- Equinix price target lowered to $1,065 from $1,085 at BMO Capital
- Equinix price target lowered to $1,065 from $1,075 at Wells Fargo
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