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Stock Market & Financial Investment News

News Breaks
June 26, 2014
09:07 EDTEQIXEquinix AFFO guidance misinterpreted, says Stephens
Stephens attributes Equinix weakness after yesterday's closing bell to the company's FY14 AFFO guidance of $11.90 given at its investor day meeting. Stephens said that no true AFFO consensus exists as Equinix isn't a REIT yet, but the firm believes "a few analysts" expected a number above $12. The firm notes that the guidance includes costs associated with the REIT transition and Stephens calculates the "true" AFFO run rate ex-charges to be near $13. The firm reiterates its Overweight rating and $222 price target on Equinix.
News For EQIX From The Last 14 Days
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October 24, 2014
10:03 EDTEQIXOn The Fly: Analyst Downgrade Summary
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08:22 EDTEQIXEquinix downgraded to Market Perform at Cowen
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06:07 EDTEQIXEquinix downgraded to Market Perform from Outperform at Cowen
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October 20, 2014
08:10 EDTEQIXHurricane Electric extends global IPv4 and IPv6 network in Asia and Europe
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October 16, 2014
16:22 EDTEQIXEquinix declares special $416M distribution due to planned REIT conversion
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October 13, 2014
09:23 EDTEQIXHP could buy lower valuation company, says Bernstein
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