Digital Realty (DLR) Receives a Buy from Truist Financial
In a report released yesterday, Anthony Hau from Truist Financial maintained a Buy rating on Digital Realty, with a price target of $207.00.
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Hau covers the Real Estate sector, focusing on stocks such as Whitestone REIT, Digital Realty, and Equinix. According to TipRanks, Hau has an average return of 6.3% and a 63.89% success rate on recommended stocks.
In addition to Truist Financial, Digital Realty also received a Buy from Citi’s Michael Rollins in a report issued yesterday. However, on March 27, Morgan Stanley maintained a Hold rating on Digital Realty (NYSE: DLR).
Based on Digital Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.71 billion and a net profit of $98.65 million. In comparison, last year the company earned a revenue of $1.44 billion and had a net profit of $189.57 million
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