Morgan Stanley Maintains Equal-Weight on Digital Realty Trust, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Equal-Weight rating on Digital Realty Trust (DLR) and increased the price target from $100 to $108.
April 02, 2024 | 6:05 pm
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Morgan Stanley has maintained an Equal-Weight rating on Digital Realty Trust but raised the price target from $100 to $108.
The increase in price target by Morgan Stanley suggests a positive outlook on Digital Realty Trust's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the overall market, but the raised target price signals analyst confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100