Deutsche Bank Downgrades Digital Realty Trust (DLR) to Hold; Shares Look Fairly Valued as Risks to Growth Increase

Deutsche Bank downgraded Digital Realty Trust (NYSE: DLR) from Buy to Hold.

Deutsche analyst says, "We are moving to the sidelines on DLR given what we view as a more balanced risk/reward. To be clear, our positive long-term view of the company remains intact. However, at a 6.2% implied cap rate, we think further upside is balanced by the risks to growth and potential supply that had previously pushed the stock into the low $50/sh level."

For an analyst ratings summary and ratings history on Digital Realty Trust click here. For more ratings news on Digital Realty Trust click here.

Shares of Digital Realty Trust closed at $67.32 yesterday, with a 52 week range of $50.63-$68.01.

---

Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!

You May Also Be Interested In

• UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
• Barclays on U.S. REITs: Best Ideas List: Adding HPP; Removing ARE
• Goldman Sachs Boosts Numbers on PVH Corp (PVH) After Q1 Beat

Create E-mail Alert Related Categories

Downgrades

Related Entities

Deutsche Bank

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter