UPDATE: Benchmark Company Reiterates Buy Rating, Raises PT on InterXion Holding
In a report published Friday, Benchmark Company reiterated its Buy rating on InterXion Holding (NYSE: INXN), and raised its price target from $25.00 to $27.00.
Benchmark noted, “InterXion reported strong results and maintained 2012 guidance. INXN has not been meaningfully impacted by the European recession and continues to expand to support future growth. We increase our 2012 and 2013 estimates. We raise our price target from $25 to $27 per share. INXN has solid growth potential, strategic value and trades at a discount to its peer group. Our rating remains Buy.”
InterXion Holding closed on Thursday at $22.02.
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Tags: Benchmark Company
Posted in: Analyst Color, Price Target, Analyst Ratings