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Cato also announced the availability of private layer 2 connectivity between its servers and any cloud provider connected to Equinix Cloud Exchange or Digital Reality, broadening the possible user base for its newly speedy encrypted tunnels.
Source: https://www.networkworld.com/article/3699264/cato-boasts-5gbps-encrypted-tunnel-throughput.html
Equinix, Inc. has a 1 year low of $494.89 and a 1 year high of $762.51.
Equities research analysts anticipate that Equinix, Inc. will post 27.59 EPS for the current year.
Finally, Cowen raised Equinix from a “market perform” rating to an “outperform” rating and set a $811.00 price objective on the stock in a research note on Tuesday, December 13th.
In Singapore, competitors include Keppel Data Centres and Mapletree, both homegrown and with a platform of data centers globally, as well as regional real estate manager ESR and global provider Equinix.
Key digital services wins this quarter included McGraw Hill, a leading educational publishing company, deploying virtual hubs using Network Edge across multiple markets to connect to key cloud providers via Equinix Fabric.
Raymond James upped their price objective on shares of Equinix from $825.00 to $885.00 in a research report on Thursday.
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Van ECK Associates Corp raised its holdings in shares of Equinix by 47.8% during the fourth quarter.
Wellington Management Group LLP increased its position in Equinix by 28.3% in the 1st quarter.