35 AI News and Ratings You Should Not Miss

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25. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 56  

Equinix, Inc. (NASDAQ:EQIX) is a California-based real estate trust that operates data centers and other technology assets. On October 17, Wells Fargo raised the price target on the stock to $975 from $875 and kept an Overweight rating on the shares. The advisory remains constructive on data centers, as potentially record Q3 demand and market rent growth of 15%-25% help support valuations. Wells Fargo remains most positive on Equinix, where it sees the most attractive risk/reward into outperforming expectations into 2025.

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