Barclays Maintains Underweight on Digital Realty Trust, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Underweight rating on Digital Realty Trust (NYSE:DLR) and raises the price target from $80 to $94.
August 04, 2023 | 10:49 am
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Digital Realty Trust but raises the price target from $80 to $94.
While the Underweight rating suggests that Barclays expects DLR's performance to be below average, the raised price target indicates a more positive outlook. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100