UPDATE: Stifel Nicolaus Lowers PT on Equinix Following Disappointing 2Q13 Results/Outlook
July 25, 2013 at 11:55 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Todd Weller reiterated a Buy rating on Equinix (NASDAQ: EQIX ), but lowered the price target from $265.00 to $250.00. In the report, Stifel Nicolaus noted, “Equinix's 2Q13 results/outlook was disappointing relative to expectations. We believe the weak top-line performance looked worse
