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Digital Realty (DLR) Receives a Buy from RBC Capital

Tipranks - Tipranks - Sat Apr 25, 6:18AM CDT

In a report released today, Jonathan Atkin from RBC Capital maintained a Buy rating on Digital Realty, with a price target of $207.00.

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Atkin covers the Real Estate sector, focusing on stocks such as American Tower, Digital Realty, and Crown Castle. According to TipRanks, Atkin has an average return of 10.0% and a 65.78% success rate on recommended stocks.

In addition to RBC Capital, Digital Realty also received a Buy from BMO Capital’s Ari Klein in a report issued today. However, on the same day, Barclays maintained a Hold rating on 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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