Barclays raised the firm’s price target on Digital Realty (DLR) to $182 from $164 and keeps an Equal Weight rating on the shares. The firm increased estimates in communications infrastructure to reflect strong demand, which it views as sustainable.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLR:
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 8
- Digital Realty initiated with an Outperform at Bernstein
- Digital Realty enters Portugal through acquisition of facility in Lisbon
- Digital Realty enters Bulgaria through acquisition of Telepoint
- Digital Realty expands Innovation Lab network to Singapore, Japan, London