JP Morgan Gives ‘Overweight’ Rating To Equinix, Inc (EQIX)

from Benzinga.com:

>>JP Morgan Gives ‘Overweight’ Rating To Equinix, Inc (EQIX)

JPMorgan has released a research report on global data service Company Equinix, Inc (NASDAQ: EQIX). It gave an ‘Overweight’ rating to the stock with a target price of $130. The stock is currently trading at $91.95.
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The analysts feel that the company will continue to grow over next two quarters, citing the fact that the company is poised to take market share in collocation services. Hence, the company will have more visible revenue growth.