Raymond James Maintains Strong Buy on Digital Realty Trust, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frank Louthan maintains a Strong Buy rating on Digital Realty Trust (DLR) and raises the price target from $140 to $170.
February 16, 2024 | 3:09 pm
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Raymond James has maintained a Strong Buy rating on Digital Realty Trust and increased the price target from $140 to $170.
The upgrade in the price target by a reputable analyst like Frank Louthan from Raymond James is a strong positive signal for Digital Realty Trust. It suggests a bullish outlook on the stock, likely due to favorable market conditions, strong company performance, or a combination of both. This kind of endorsement can significantly influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100