Equinix price target raised to $1,080 from $995 at Stifel

Stifel analyst Erik Rasmussen raised the firm’s price target on Equinix (EQIX) to $1,080 from $995 and keeps a Buy rating on the shares. After having met with management of Equinix at the Nareit REITworld conference, the firm remains “encouraged” by the strong messaging around AI and recent results that continue to trend above expectations, the analyst tells investors.