Wells Fargo Maintains Overweight on Digital Realty Trust, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on Digital Realty Trust (NYSE:DLR) and increased the price target from $170 to $175.
October 17, 2024 | 4:06 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Digital Realty Trust and increased the price target to $175, indicating a positive outlook.
The reaffirmation of an Overweight rating and an increase in the price target by a major financial institution like Wells Fargo suggests confidence in Digital Realty Trust's future performance, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100