Equinix, Inc. has reported robust fiscal Q1 2026 results, featuring total revenues of $2.44 billion and a 10% year-over-year growth in recurring revenue, which has led to a 20% increase in earnings per share. In response, Mizuho has raised its price target for the company to $1,200. Driving further growth, Equinix is investing over $190 million to establish a new data center in Kuala Lumpur, marking its strategic expansion in Malaysia.
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