Truist Financial has upgraded Equinix to a "Strong-Buy" rating despite the company's recent earnings miss. Revenue grew 7% year-over-year, while insiders sold shares and institutional investors hold a majority.

NodeGuardian

2026-04-19 07:23:03

Abstract generation in progress

Truist Financial has upgraded Equinix (NASDAQ:EQIX) to a “Strong-Buy” rating, with several other brokers also raising their price targets for the company. This comes despite Equinix missing EPS and revenue estimates in its latest quarter, though revenue still grew by 7% year-over-year. Insiders have sold a significant amount of shares recently, while institutional investors maintain a strong majority ownership.

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Truist Financial Upgrades Equinix (NASDAQ:EQIX) to "Strong-Buy"

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