Citigroup Global Markets analyst says his newest analysis shows potential for upside revenue guidance from the company for 2008. His target price remains at $120/sh.
Bullet points:
"Asia offers Upside to 2Q consensus and Guidance"

"Expect strong demand to be emphasized in NYC Metro, DC and London"

"European bookings remain well ahead of billing"

Stock remains as Small Cap Top Pick. Reiterate Buy.
Expected total return of over 40% from the current share price.

Quotes..."Our bottoms up analysis reflects the potential for demand to remain at ab accelerated pace for the domestic and Asian data centerportfolios based on our recent channel checks and company disclosure"

I have alot of respect for this analyst team of (Micheal Rollins and Eric Schmitz) as they were pounding the table a year or so ago during the option scandel witch hunt. They did their homework and made a confident bullish call in the mid $50's...they were 100% accurate and won me over.

Good luck to all.