Barclays Maintains Underweight on Digital Realty Trust, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Underweight rating on Digital Realty Trust (NYSE:DLR) but raises the price target from $123 to $130.
July 24, 2024 | 4:16 pm
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Barclays analyst Brendan Lynch maintains an Underweight rating on Digital Realty Trust (NYSE:DLR) but raises the price target from $123 to $130.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100