Loading...
Loading...
Jefferies & Co. has a Buy rating on shares of Digital Realty Trust, Inc.
DLR.
In the research report sent to investors, Jefferies writes, "We are bullish on the data center real estate market, which is poised to experience positive demand/supply fundamentals for the next five years, in our view. We have Buy ratings on CoreSite (
COR), Digital Realty (
DLR), and DuPont Fabros Technology (
DFT)."
Jefferies goes on to say, "Los Angeles remains hot: There is 11 MW of demand and only 3 mega watts (
MW) under construction. 37% of COR's rents are in this market. DLR also has a presence with 5% of its rents coming from the market."
Shares of DLR lost $1.13 yesterday to close at $50.98.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorPrice TargetAnalyst RatingsApparel RetailConsumer DiscretionaryFinancialsHealth CareIndustrial REIT'sJefferies & Co.Office REIT'sPharmaceuticals
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in