Deutsche Bank Maintains Equinix Rating And $100 PT


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Deutsche Bank said today that it came away from Equinix, Inc.'s (NASDAQ: EQIX) analyst day with a slightly more positive view on the company.“We thought the company did a good job addressing many investor concerns, highlighting its future growth potential and stressing the company's competitive advantages,” Deutsche Bank writes. “We see significant upside for the stock as emerging growth drivers of cloud, mobile data and video increase the demand for low latency, network centric data centers. We maintain our Buy and $100 PT.”Equinix currently trades at $85.79.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst RatingsDeutsche BankEquinixInformation TechnologyInternet Software & Services