Equinix Sets Global Data Center Expansion, Demand Up

By | March 26, 2015

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Equinix (EQIX) will gain a competitive edge on rivals as it expands its data center capacity globally amid a boom in demand from Internet companies and large companies shifting to cloud-based computing models, says Citigroup. Analyst Michael Rollins, who has a buy rating and price target of 256 on Equinix stock, met recently with Equinix CFO Keith Taylor and CTO Ihab Tarazi. “For the first time in at least two years, management expressed concern Scalper1 News

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