Collins Stewart: Equinix Could Benefit in 2nd Half (EQIX)

Collins Stewart reiterated its Buy rating on shares of Equinix

today. Analysts at Collins Stewart "continue to believe the greatest opportunities remain in the carrier neutral data center space with companies like Equinix." Equinix, Inc. provides global network neutral data center services. Collins Stewart maintains a $135 price target on the stock. The analyst note comments that Equinix "benefit[s] from the trend of traffic migrating from traditional networks to networks of the future. We believe the 2Q10 report and associated commentary would suggest that 2H10 should be better than 1H10." Shares of Equinix are higher by 0.4% today, to $90.93.