Equinix, Inc. (NASDAQ:EQIX) is one of the best dividend stocks in the real estate sector. On November 10, DBS analyst Andy Yu reiterated a Buy call on Equinix, along with a target price of $1,218.
In a separate business update, dated November 20, Equinix mentioned that the US Securities and Exchange Commission (SEC) has concluded its probe into a short-seller report. The regulator does not suggest opting for enforcement measures.
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Equinix, Inc. (NASDAQ:EQIX) was also subpoenaed by the US Attorney’s Office in the Northern District of California regarding this short-seller report. The company is not anticipating any more action from the authority.
Equinix provides digital infrastructure worldwide via its data centers and connected networks, allowing organizations to deliver swift and reliable digital services. The company ensures smooth connectivity across countries, businesses, and neighborhoods.
While we acknowledge the potential of EQIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure. None.