Analyst Actions: Baird Upgrades Digital Realty Trust to Outperform, Price Target $124 - Stock Up 2% 3:27 PM ET, 01/16/2018 - MT Newswires
03:27 PM EST, 01/16/2018 (MT Newswires) -- Baird has upgraded Digital Realty Trust (DLR) to outperform from neutral with a price target of $124.00 on expectations for a strong 2018.
"Our outlook for DLR shares was incrementally more positive post its December investor day and was reaffirmed with a consistent outlook for FFO provided earlier," said Baird analyst David Rodgers in a note, expecting growth in funds from operations to average 8-12%.
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