InterXion downgraded to Neutral from Buy at Citigroup Citigroup reduced its rating on InterXion based on increased risk that the difficult European business environment will constrain revenue growth. The firm lowered its price target to $25 from $26.
Evercore ISI believes Interxion would be a good strategic fit for Digital Realty Evercore ISI commented on recent reports speculating Digital Realty (DLR) could make a run for privately held Telx, Interxion (INXN), or both. The firm said a Digital Realty acquisition of Telx makes strategic and financial sense and an acquisition of Interxion could be accretive without synergies based on a $33 offer price. Evercore believes a combination of all three companies would create a new global interconnection platform that could be accretive if Telx's and Interxion's debt was refinanced.