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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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November 19, 2014
07:46 EDTEQIXEquinix price target raised to $240 from $225 at Oppenheimer
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November 17, 2014
07:51 EDTEQIXEquinix files automatic mixed securities shelf
November 11, 2014
08:10 EDTEQIXEquinix and Datapipe to provide managed solutions to Amazon Web Services
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November 10, 2014
07:23 EDTEQIXRBC Capital to hold a conference
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