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TD Cowen Sticks to Its Buy Rating for Equinix (EQIX)

TD Cowen Sticks to Its Buy Rating for Equinix (EQIX)

TD Cowen analyst Gregory Williams reiterated a Buy rating on Equinix today and set a price target of $974.00. The company's shares opened today at $797.69.
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Williams covers the Communication Services sector, focusing on stocks such as AT&T, Charter Communications, and T Mobile US. According to TipRanks, Williams has an average return of -2.9% and a 47.37% success rate on recommended stocks.
In addition to TD Cowen, Equinix also received a Buy from Goldman Sachs's James Schneider in a report issued yesterday. However, on June 29, BMO Capital maintained a Hold rating on Equinix (NASDAQ: EQIX).
EQIX market cap is currently $77.8B and has a P/E ratio of 82.64.
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Most recently, in May 2025, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.
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