Cisco Systems IncExpanded collaboration with Equinix and Nvidia to deploy Cisco Secure AI Factory, driving demand for Cisco's products.
Barclays raised its price target on Equinix to $1,130 from $1,109 while maintaining an Equal Weight rating, citing higher growth expectations across the communications infrastructure REIT group. The firm noted that companies are benefiting from ongoing hyperscale demand and accelerating enterprise AI demand. Separately, Citi raised its target to $1,260 from $1,240 with a Buy rating, highlighting Equinix's multi-year growth prospects from cloud and AI workloads. Equinix also announced an expanded collaboration with Cisco and Nvidia to accelerate enterprise AI, enabling customers to deploy Cisco Secure AI Factory with Nvidia across its global data center network.
Cisco Systems IncExpanded collaboration with Equinix and Nvidia to deploy Cisco Secure AI Factory, driving demand for Cisco's products.
NVIDIA CorporationExpanded collaboration with Equinix and Cisco to accelerate enterprise AI, driving demand for Nvidia's AI solutions.
Equinix IncBarclays and Citi raised price targets, citing higher growth expectations and multi-year prospects.
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