Truist lowered the firm’s price target on Digital Realty (DLR) to $184 from $185 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect Q1 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLR:
- AutoZone, Netflix among stocks added to JPMorgan Analyst Focus List
- Wells sees little impact to Digital Realty from Microsoft report
- Digital Realty Trust’s Earnings Call Highlights Robust Growth
- Early notable gainers among liquid option names on April 25th
- Digital Realty price target raised to $193 from $190 at Jefferies
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue