InterXion Holding N.V. (INXN) - NYSE
  • Thu, Jan. 28, 3:12 PM
    | Thu, Jan. 28, 3:12 PM
  • Nov. 5, 2015, 3:54 PM
    • InterXion (NYSE:INXN) is up nicely for the second day post-earnings, +3.4%, as more analysts join a bullish parade for the stock.
    • Canaccord Genuity bumped its price target to $34, implying 10.6% upside from a current $30.75, and holds a Buy rating.
    • Citigroup, meanwhile, upgraded shares to Buy and jacked its price target to $36 (17% upside from current), from $29.75.
    • Cowen had bumped its price target to $33, from $30, and retained a Market Perform rating: "Business remains strong and appears sustainable heading into 2016 driven largely by demand for all things cloud," said analyst Colby Synesael, "however this already seems to be largely reflected in valuation thus making it less compelling on a stock basis."
    • Previously: InterXion up 3.3% as revenues grow 13% and beat (Nov. 04 2015)
    | Nov. 5, 2015, 3:54 PM
  • Nov. 4, 2015, 10:39 AM
    • InterXion (NYSE:INXN) is up 3.3% following its Q3 results where revenue grew more than 13% and operating profit rose 9% Y/Y.
    • Adjusted EBITDA was €43.7M, up 17% Y/Y and beating an expected €42.8M.
    • Equipped space was up 1,900 square meters to 100,200 square meters; revenue generating space was up 900 sqm to 78,000 sqm. Utilization rate was 78%.
    • The company wrapped expansion projects in Madrid and Marseilles in the quarter, and yesterday announced expansions in four other northern European cities.
    • The company reaffirmed guidance for the full year of revenues of €375M-€388M, adjusted EBITDA of €162M-€172M, both in line, and capex (including intangibles) of €180M-€200M.
    | Nov. 4, 2015, 10:39 AM
  • Nov. 3, 2015, 1:32 PM
    • Dutch data-center firm InterXion (INXN -2.3%) has made northern Europe expansion plans, with details for new centers to be built in Amsterdam, Dublin and Copenhagen and a pair of expansion phases in Frankfurt.
    • The company had previously guided for the capital spending required. The three new data centers will have a maximum capacity of about 11,900 square meters.
    • The Amsterdam center will be the company's eighth there; the Dublin center its third in that city and the Copenhagen facility its second.
    • The Frankfurt expansion is to its 10th data center in that city.
    | Nov. 3, 2015, 1:32 PM
  • Aug. 6, 2015, 3:55 PM
    • InterXion (NYSE:INXN) is up 2.6% and reaching its highest point in six weeks after Canaccord Genuity upgraded the stock to Buy, from Hold, and RBC Capital raised its price target.
    • Canaccord set a price target of $33, up from its previous $32. Shares closed yesterday at $28.06 and are trading today at $28.79 (implied upside of 14.6%).
    • RBC Capital, meanwhile, maintains an Outperform target on the stock. It's bumped its target to $36 from a previous $34 (implied upside of 25%).
    • In yesterday's earnings report, InterXion beat on revenues that gained 14% Y/Y, while missing slightly on profits.
    | Aug. 6, 2015, 3:55 PM
  • Jun. 11, 2015, 9:50 AM
    • InterXion (NYSE:INXN) is up 2.4% in early action after noting that the Baker Capital representatives on its board have resigned, as a result of an 18.6M share distribution by Baker's affiliates, and Oppenheimer has upgraded shares to Outperform.
    • Chairman John Baker and Rob Manning submitted resignations this week. The company has appointed Jean F.H.P. Mandeville as the new chairman and will look to fill the vacancies.
    • Oppenheimer's price target for the shares is $32; InterXion is currently trading at $28.86.
    • Previously: In merger's wake, InterXion confirms end to its Telecity agreement (May. 29 2015)
    | Jun. 11, 2015, 9:50 AM
  • May 7, 2015, 8:49 AM
    • UK-based data-center firm Telecity (OTCPK:TLEIY) says it's beginning talks to be taken over by Equinix (NASDAQ:EQIX) -- which is casting doubt on Telecity's already-agreed $2.2B deal to buy InterXion Holding (NYSE:INXN) from earlier this spring.
    • Equinix is up 2.2% in U.S. premarket trading.
    • Telecity's all-stock deal with Dutch firm InterXion prohibited either from talking with others, with few exceptions, though Telecity says it believes fiduciary duty requires it to listen to Equinix.
    • Equinix's offer would be for $3.5B and be 54% cash and 46% stock and establish the combo as Europe's top player in the industry, leaving InterXion a bit in the lurch. For its part, InterXion says it's committed to its "strategically compelling" deal with Telecity.
    • Equinix must decide on an offer for Telecity by June 4.
    • Telecity is up 19.4% in London trading.
    • Earlier: InterXion Holding beats by €0.01, beats on revenue (May. 07 2015)
    | May 7, 2015, 8:49 AM
  • Feb. 11, 2015, 12:45 PM
    | Feb. 11, 2015, 12:45 PM
  • Feb. 11, 2015, 9:13 AM
    | Feb. 11, 2015, 9:13 AM | 7 Comments
  • Apr. 22, 2014, 9:46 AM
    • Frontier (FTR -1.7%) has been cut to Hold by Gabelli.
    • Intuit (INTU +1.8%) has been upgraded to Equal Weight by Evercore.
    • HomeAway (AWAY +3%) has been upgraded to Outperform by FBR ahead of Thursday's Q1 report.
    • GSV Capital (GSVC +1.1%) has been started at Buy by Roth.
    • Nimble Storage (NMBL -2.1%) has been started at Underperform by DA Davidson.
    • InterXion (INXN -1%) has been cut to Equal Weight by Evercore. Q1 results arrive on May 7.
    • IPO underwriters have granted five bullish ratings apiece to 2U (TWOU +6.8%) and Aerohive (HIVE +1.3%).
    | Apr. 22, 2014, 9:46 AM
  • Sep. 6, 2013, 9:23 AM
    • In a coverage launch for Internet stocks, Barclays has started Zillow (Z), YELP, and Shutterfly (SFLY) at Overweight, Zynga (ZNGA), OpenTable (OPEN), HomeAway (AWAY,), and InterActiveCorp (IACI) at Equal Weight, and Vistaprint (VPRT) at Underweight. Z +1%. YELP +4.1% to new post-IPO highs. Deutsche started coverage on Yelp at Buy after the close yesterday.
    • Canaccord has started Splunk (SPLK), Datawatch (DWCH), and ServiceNow (NOW) at Buy.
    • EZchip (EZCH) has been upgraded to Buy by Chardan Capital.
    • VeriFone (PAY) has been upgraded to Outperform by Wedbush following its FQ3 beat and solid FQ4 guidance. PAY +7.3%.
    • T-Mobile USA (TMUS) has been upgraded to Outperform by William Blair. TMUS +0.9%.
    • InterXion (INXN) has been cut to Market Perform by Oppenheimer.
    | Sep. 6, 2013, 9:23 AM
  • May 22, 2013, 9:39 AM

    Interxion (INXN -3.5%) falls in early trading after getting hit with a downgrade to Neutral from Buy at Goldman (price target reiterated at $31). In a valuation call, analyst S.K. Prasad Borra says he still likes the stock, but notes the shares have run up 14.3% since their addition to the Buy list in late February.

    | May 22, 2013, 9:39 AM
  • May 9, 2013, 12:45 PM
    Four downgrades are levied on Rackspace (RAX -26.3%) following yesterday's Q1 revenue miss, accompanied by worrying business metrics. Slowing growth and a slumping EBITDA margin (due to price cuts) are problems that will get worse as Microsoft and Google ramp their cloud offerings, argues CLSA, which has cut shares to Sell. The firm adds checks indicate "mid-tier to large firms" are increasingly migrating from hosting to cloud services, and expects OpenStack to be immaterial to RAX's bottom line for the next 1-2 years. Stephens, making a contrarian upgrade to Overweight, thinks "new contract wins are on the horizon," as Rackspace targets enterprises. EQIX -2.2%. COR -4.2%. INXN -3.3%. VMW -2.5%. (transcript)
    | May 9, 2013, 12:45 PM | 1 Comment
  • Apr. 26, 2012, 11:16 AM
    Though off the day's highs, Equinix (EQIX +8.9%) remains up sharply thanks to its Q1 beat and healthy top-line guidance, and is giving a lift to other data center owners: DFT +6.4%. INXN +5.5%. RAX +2.2%. During its earnings call, Equinix talked up its growing global reach: Asia-Pac revenue rose 7% Q/Q, and 59% of the company's monthly recurring revenue now comes from customers leveraging facilities in multiple countries.
    | Apr. 26, 2012, 11:16 AM
  • Mar. 20, 2012, 10:50 AM

    InterXion (INXN +2.8%) gains after being upgraded to Outperform from Market Perform at Wells Fargo, citing the company's data center expansion initiatives and potential for accelerating revenue growth in late 2013. The firm also raises its price target range to $19 - $20 from $17 - $18.

    | Mar. 20, 2012, 10:50 AM
Company Description
Interxion Holding NV is a provider of cloud and carrier-neutral colocation data centre services in Europe, serving a wide range of customers through its data centers. Its data centers offer customers extensive security and uptime for their mission-critical applications. The company, through its... More
Sector: Technology
Industry: Internet Information Providers
Country: United States