Equinix analyst day implies sales outlook conservative, says Citigroup Citigroup believes Equinix's disclosures on bookings at its analyst day suggest the company's revenue guidance for 2014 remains conservative and that the pending REIT conversion is still the likely outcome. Citi says it remains a buyer of the stock. It keeps a Buy rating on Equinix with a $230 price target.
Equinix acquires Nimbo Equinix announced that it has acquired Nimbo, a leading professional services company focused primarily on helping enterprises develop and implement hybrid cloud IT architectures. The acquisition of Nimbo represents an important step in Equinix's larger initiative to build its professional services capabilities to support data center migrations, WAN optimization and the creation of scalable, high performing hybrid cloud solutions.