Raymond James Maintains Strong Buy on Digital Realty Trust, Lowers Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Frank Louthan has maintained a 'Strong Buy' rating on Digital Realty Trust (NYSE:DLR) but lowered the price target from $155 to $140.
July 28, 2023 | 12:15 pm
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NEUTRAL IMPACT
Despite a lowered price target, Digital Realty Trust maintains a 'Strong Buy' rating from Raymond James, indicating continued confidence in the company's performance.
The lowered price target could indicate a potential downside for DLR's stock. However, the 'Strong Buy' rating suggests that the analyst still sees significant upside potential, which could balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100