Equinix shares rise after Truist assumes coverage with 'buy' rating

ReutersMar 31, 2026 5:37 PM

Shares of digital infrastructure firm Equinix EQIX.O rise 1.72% to $980.66

Truist Securities assumes coverage on EQIX with a "buy" rating and sets PT of $1,127

New PT is a 16.9% upside to the stock's last close

Brokerage believes EQIX's global scale and platform provide the company an unmatched competitive advantage and moat

25 of 32 analysts rate stock "strong buy" or "buy" and seven "hold"; their median PT is $1,046 - data compiled by LSEG

Including session's move, stock up 28% YTD

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