HSBC Upgrades Digital Realty Trust to Hold, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Phani Kanumuri has upgraded Digital Realty Trust (NYSE:DLR) from Reduce to Hold and increased the price target from $124 to $160.
October 04, 2024 | 9:51 am
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HSBC has upgraded Digital Realty Trust from Reduce to Hold, with a new price target of $160, indicating a more positive outlook on the stock.
The upgrade from Reduce to Hold by HSBC suggests a more favorable view of Digital Realty Trust's prospects. The significant increase in the price target from $124 to $160 indicates confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100