Equinix (EQIX) Upgraded By Boenning & Scattergood, Inc.
Posted: Tuesday, February 09, 2010 12:44 PM EDT
By: Market Intelligence Center Staff
Equinix (EQIX) was upgraded today by analysts at Boenning & Scattergood, Inc. and the stock is now at $93.23, up $1.47 (1.6%) on volume of 547,327 shares traded. Boenning & Scattergood, Inc. upgraded the stock to Market Outperform from Market Perform. Over the last 52 weeks the stock has ranged from a low of $41.36 in March to a high of $110.57 in January. Equinix stock has been showing support around $90.68 and resistance in the $93.92 range. Technical indicators for the stock are and S&P does not currently have a STARS rating for EQIX. If you are looking for a hedged play on EQIX the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 80 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Equinix (EQIX) Stock ReportSee what our analysts have uncovered about Equinix (EQIX).