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Bernstein Keeps Their Buy Rating on Digital Realty (DLR)

Tipranks - Tipranks - Sat Apr 18, 4:08AM CDT

Bernstein analyst Madison Rezaei maintained a Buy rating on Digital Realty yesterday and set a price target of $218.00. The company’s shares closed yesterday at $199.05.

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According to TipRanks, Rezaei is an analyst with an average return of -9.8% and a 50.00% success rate. Rezaei covers the Real Estate sector, focusing on stocks such as Digital Realty, Crown Castle, and Equinix.

In addition to Bernstein, Digital Realty also received a Buy from Cantor Fitzgerald’s Brett Knoblauch in a report issued on April 8. However, yesterday, Barclays assigned a Hold rating to Digital Realty (NYSE: DLR).

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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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