UPDATE: Piper Jaffray Downgrades Equinix on Balanced Risk/Reward

In a report published Thursday, Piper Jaffray analyst Andrew J. Nowinski downgraded the rating on Equinix (NASDAQ: EQIX ) from Overweight to Neutral, and lowered the price target from $215.00 to $210.00. In the report, Piper Jaffray noted, “Equinix reported solid Q4 results, modestly ahead of the Street and mgmt's