High-flying Equinix (EQIX +1.8%) rallies after Wells Fargo says its checks indicate the data...

|By:, SA News Editor
High-flying Equinix (EQIX +1.8%) rallies after Wells Fargo says its checks indicate the data center owner is gaining traction with customers providing managed hosting and cloud services, and enterprise growth (historically a laggard) is picking up. Wells adds Equinix, a beneficiary of the ongoing boom in data center construction/demand, is seeing strong demand in key markets such as NYC, Silicon Valley, and D.C., and recently "won a couple of larger deals."