Morgan Stanley Reiterates Equal-Weight on Digital Realty Trust, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has reiterated an Equal-Weight rating on Digital Realty Trust (NYSE:DLR) and raised the price target from $100 to $102.
July 26, 2023 | 2:47 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Digital Realty Trust and raised the price target from $100 to $102.
The reiteration of an Equal-Weight rating indicates that Morgan Stanley believes DLR is fairly valued at current levels. However, the increase in price target from $100 to $102 suggests a potential upside, which could have a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100