Equity Analysis /
United States of America

CenturyLink Inc: US : Technology - Others - EQIX, DLR, QTS: Upgrading to Strong Buy on Promising 2021 Tailwinds

    Rob Palmisano
    Rob Palmisano

    Research Associate

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    CGS-CIMB
    19 January 2021
    Published byCGS-CIMB

    We are raising our rating on Digital Realty, Equinix, and QTS to Strong Buy from Outperform. These names are off an average of 16% from their highs, which we believe is due to portfolio allocation shifts among REIT investors and not based on any fundamental changes to the companies. On top of that,