from www.jagsreport.com:
>>Citigroup upgraded shares of Equinix (NASDAQ: EQIX) from a neutral rating to a buy rating in a report issued on Thursday.
“We are upgrading shares of EQIX to a Buy rating with an unchanged
target price of $216 based on its favorable revenue growth prospects
heading into 2013, rising returns on gross invested capital, forward
valuation metrics that remain at a discount to most of the
publicly-traded data centers & tower operators, & potential to
improve its tax efficiency by pursuing conversion into a REIT
structure.,” Citigroup’s analyst wrote.
Thursday, October 25, 2012
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