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Goldman Sachs Downgrades Digital Realty Trust (DLR) to Neutral

December 14, 2011 6:54 AM EST
DLR Hot Sheet
Rating Summary:
    2 Buy, 10 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Goldman Sachs downgraded Digital Realty Trust (NYSE: DLR) from Buy to Neutral with a price target of $63, citing valuation and more challenging comps in 2012.

"Our favorable view on datacenter demand remains unchanged but we believe DLR's same-store and redevelopment growth may moderate on tougher comps," the firm said.

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 $63.57 yesterday, with a 52 week range of $47.42-$65.57.


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