Truist analyst Anthony Hau raised the firm’s price target on Digital Realty (DLR) to $202 from $168 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its models based on Q3 results within the sector and its adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLR:
- Digital Realty put volume heavy and directionally bearish
- ePlus and Digital Realty launch AI experience center
- Digital Realty price target raised to $207 from $177 at RBC Capital
- Judge blocks Tapestry-Capri deal, Centene reports Q3 beat: Morning Buzz
- Digital Realty price target raised to $178 from $157 at Scotiabank