Cantor Fitzgerald Starts DuPont Fabros Technology (DFT) at Buy; High Quality, Higher Concentration
DFT Hot Sheet
Rating Summary:4 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 22 | Down: 8 | New: 36
Cantor Fitzgerald initiates coverage on DuPont Fabros Technology (NYSE: DFT) with a Buy. PT $31.00.
Analyst, Sri Nagarajan, said, "Since 2007-8, DuPont Fabros has successfully managed to (a) raise debt to pay off maturities, (b) restart developments, and (c) lease-up properties. Today, Dupont Fabros has plenty of capital available to fund its development and should have room to increase dividends in 2012. The real focus in 2012 should be on Dupont Fabros being able to replicate Digital Realty’s leasing prowess."
"Our 2012 and 2013 FFO per share estimates for DuPont Fabros are $1.78 and $2.24, respectively, suggesting year-over-year growth of 13.9% and 25.7%, respectively."
For an analyst ratings summary and ratings history on DuPont Fabros Technology click here. For more ratings news on DuPont Fabros Technology click here.
Shares of DuPont Fabros Technology closed at $26.08 yesterday, with a 52 week range of $18.62-$26.86.
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Analyst, Sri Nagarajan, said, "Since 2007-8, DuPont Fabros has successfully managed to (a) raise debt to pay off maturities, (b) restart developments, and (c) lease-up properties. Today, Dupont Fabros has plenty of capital available to fund its development and should have room to increase dividends in 2012. The real focus in 2012 should be on Dupont Fabros being able to replicate Digital Realty’s leasing prowess."
"Our 2012 and 2013 FFO per share estimates for DuPont Fabros are $1.78 and $2.24, respectively, suggesting year-over-year growth of 13.9% and 25.7%, respectively."
For an analyst ratings summary and ratings history on DuPont Fabros Technology click here. For more ratings news on DuPont Fabros Technology click here.
Shares of DuPont Fabros Technology closed at $26.08 yesterday, with a 52 week range of $18.62-$26.86.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
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