Jefferies Downgrades DuPont Fabros Technology (DFT) to Hold

Jefferies downgraded DuPont Fabros Technology (NYSE: DFT) from Buy to Hold with a price target of $24.00.

The firm comments, "Post the 4Q earnings call, it appears leasing velocity at DFT's assets is slower than our expectations. We believe DFT is now a "wait and see" story as recent channel checks suggest leasing velocity may prove sluggish near-term. We are downgrading to a HOLD rating with a new $24 PT (from $27)"

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 $24.36 yesterday.

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