10 Important AI News and Ratings for Today

6. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55

Equinix, Inc. (NASDAQ:EQIX) digital infrastructure solutions that enable smooth connectivity and drive AI-powered progress for businesses.

On January 27, JMP Securities initiated coverage of Equinix, Inc. (NASDAQ:EQIX) with an Outperform rating and a $1200 price target. The firm highlighted a significant wave of digital infrastructure investment, expected to exceed $1 trillion over the next five years, supporting AI, cloud, edge computing, and other applications. The increased spending is projected to drive earnings growth and higher valuations across the digital infrastructure sector. JMP also initiated Outperform ratings on six other companies within this group.