10 AI News and Ratings Making Waves on Wall Street

5. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55

Equinix, Inc. (NASDAQ:EQIX) provides digital infrastructure solutions, enabling businesses to connect and scale their operations globally with speed and flexibility.

On February 13, Scotiabank lowered its price target for Equinix from $1,114 to $1,033 but maintained its Outperform rating. The firm highlighted Equinix’s solid Q4 performance and ongoing efforts to expand both its retail and xScale data center capacity to meet increasing customer demand. However, it also pointed out that some tier-1 markets remain supply-constrained, which may limit the company’s ability to capitalize on growing demand in those important areas fully.