DLR - Digital Realty rises after Deutsche Bank addition to Catalyst Call Buys; Mizuho launches on data centers
Digital Realty Trust (DLR) is up 1.4% after some new analyst positivity, including an addition to the Catalyst Call Buy List at Deutsche Bank. There's a disconnect between the stock's recent underperformance and the company's fundamentals and rising estimates, analyst Matthew Niknam says. Mizuho also started the company at buy in its initiation of data-center names. It's set a $165 price target, implying 23% upside. Along with Digital Realty, Mizuho initiated Equinix (EQIX +0.5%) at Buy with an $800 price target (implying 15% upside), and QTS Realty Trust (QTS +0.5%) at Buy with a $68 target (14% upside). The firm's Omotayo Okusanya started CyrusOne (CONE +0.3%) at Neutral, with a $74 target (8% upside), and initiated CoreSite Realty (COR +0.7%) at Neutral with a $135 target (11% upside).
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Digital Realty rises after Deutsche Bank addition to Catalyst Call Buys; Mizuho launches on data centers