Many investment firms have been adjusting their holdings in Digital Realty Trust, Inc. (DLR) recently. While Moore Capital Management LP and Forest Hill Capital LLC decreased their DLR holdings, others such as Nomura Holdings Inc., Resolution Capital Ltd, and Nissay Asset Management Corp Japan ADV have increased their stakes. Another significant holding adjustment was undertaken by Deutsche Bank AG, with the purchase of 1,232,043 shares. Analysis from Oppenheimer and JMP Securities indicates an outperform rating with a bullish note for DLR. The company's Q1 earnings have surpassed estimates and its AI data centers are considered highly promising. Moreover, it has triggered rich return prospects due to durable AI spending. However, the stock has been undulating with it hitting a new 1-year low and then rallying 16.6% in 3 months. Scotiabank has upgraded DLR, indicating positive future prospects, but the market seems divided with Mizuho warning of potential trouble due to AI spending.
Digital Realty Trust DLR News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 17 May 2025 19:33:34 GMT - Rating 4 - Innovation 6 - Information 8 - Rumor -2
