Friday, August 20, 2010

Top Analyst Stock Picks and Recommendations

from sumfolio.com:

>>Equinix Should See Margin Expansion in 2011

Equinix, Inc. (EQIX, Free Analysis), a global provider of network and neutral data center services, is being underestimated by the street, according to Wells Fargo. After meeting with the firm’s CEO, the analyst believes that the company’s margins will expand next year while revenue growth is still trending strong. As a result, the analyst also reiterated its Outperform rating on the name.

Other analysts have expressed similar bullishness in the global networking company. Oppenheimer upgraded the stock to Outperform with a $115.00 per share price target following its second quarter results, citing its revenue growth outlook and margin expansion. In 2010, the company sees revenues of between $1.225-1.235 billion versus a consensus of $1.23 billion.

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