Scotiabank lowered the firm’s price target on Digital Realty (DLR) to $189 from $206 and keeps an Outperform rating on the shares. The firm is updating its price target on U.S. Real Estate & REITs under its coverage ahead of the Q4 earnings season, the analyst tells investors. The firm sees Self Storage and Multifamily as two subsectors where buyside sentiment getting more positive, believing both are unlikely to disappoint on FY26 guidance.
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Read More on DLR:
- Digital Realty upgraded to Equal Weight from Underweight at Barclays
- Digital Realty price target lowered to $180 from $191 at Mizuho
- Digital Realty downgraded to Neutral at BofA on less AI upside than anticipated
- Digital Realty downgraded to Neutral from Buy at BofA
- Digital Realty initiated with a Buy at Deutsche Bank
