In a report released today, Ari Klein from BMO Capital reiterated a Buy rating on Digital Realty (DLR – Research Report), with a price target of $125.00. The company’s shares closed yesterday at $100.27.
Klein covers the Financial sector, focusing on stocks such as Digital Realty, Hersha Hospitality, and Park Hotels & Resorts. According to TipRanks, Klein has an average return of 6.5% and a 58.09% success rate on recommended stocks.
Currently, the analyst consensus on Digital Realty is a Moderate Buy with an average price target of $128.23, representing a 27.88% upside. In a report released on October 21, Stifel Nicolaus also maintained a Buy rating on the stock with a $125.00 price target.
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The company has a one-year high of $173.15 and a one-year low of $85.76. Currently, Digital Realty has an average volume of 1.94M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock.
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California-based Digital Realty Trust, Inc. is a real estate investment trust, which provides data center, colocation and interconnection solutions for domestic and international customers. The company serves across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.
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- Digital Realty price target lowered to $110 from $150 at Deutsche Bank
- Digital Realty price target lowered to $122 from $151 at RBC Capital
- Digital Realty price target lowered to $98 from $146 at Credit Suisse
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