Friday, February 12, 2010

Equinix Eclipses Telecom-Sector Woes

from Barron's:

>>Equinix (EQIX: Nasdaq) By Collins Stewart ($93.01, Feb. 11, 2010)

WE ARE UPGRADING Equinix (ticker: EQIX) stock to a Buy from Hold and retaining our $110 price target, which provides roughly 20% upside from today's levels.

With a solid report and a strong 20% (plus) revenue growth outlook with at least stable margins for 2010, that we believe contains an element of upside, we believe the stock has again become attractively priced for purchase.

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