Analysts Raise Their Price Targets on Equinix (EQIX) Due to Advantageous Positioning in AI Data Center Demand
Equinix, Inc. (NASDAQ:EQIX) is one of the 10 Best Under-the-Radar Data Center Stocks to Buy. The stock jumped 39.33% from a year ago, while it registered a 44.26% increase year-to-date. According to a report by TheFly on April 22, Stifel raised its price target on Equinix to $1,250 from $1,075 and maintained a Buy rating on the stock as it believes that the company is well-positioned to gain advantage from the AI-driven data center demand. On April 21, Wells Fargo also boosted its price target on Equinix ...