B. Riley Wealth Advisors Inc. acquired 105 shares of
Digital Realty Trust, Inc. (NYSE:DLR), enhancing its investment presence within the company. Amid increasing interests, DLR has flashed signs of improved technical strength while outperforming competitors on strong trading days. Decoding DLR as a
Strategic SWOT Insight reveals its potential profitability. However, Argus has lowered DLR's rating to a Hold, because specific metrics signal fair value for the shares, triggering considerable buying, and selling from major fund managers and directors. DLR's
Q2 2024 earnings exceeded expectations along with its common stock offering, benefiting its stock. Despite mixed performance against competitors, DLR's dividends and data center joint venture with Mitsubishi Corporation signals their continued growth within the market. The anticipation on its
Q2 FFO estimates and increasing AI demand for data centers further solidifies DLR's prospective success. On the contrary,
JP Morgan's recent upgrade, along with Goldman Sachs' Buy recommendation, raises market sentiments, despite the stock's temporary underperformance. Finally, DLR's new data center acquisition in Slough illustrates the company's continued expansion while analysts' forecasts set its price target at $149.42.
Digital Realty Trust DLR News Analytics from Fri, 10 Nov 2023 08:00:00 GMT to Sun, 04 Aug 2024 20:12:38 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -6
