Monday, May 10, 2010

Brigantine Advisors Reiterates a 'Buy' on Equinix (EQIX)

from StreetInsider.com:

>>Brigantine Advisors Reiterates a 'Buy' on Equinix (EQIX)

Brigantine Advisors reiterates a 'Buy' rating on Equinix (Nasdaq: EQIX), raises price target from $130 to $137.

Brigantine analyst says, "We believe the acquisition of Switch and Data will integrate rather smoothly as the combination will form a powerful and global data center offering. With SDXC’s data centers only 65% utilized, we believe EQIX will be able to offer more data center space in areas which are currently capacity constrained."

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