Digital Realty Reports First Quarter 2017 Results

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Digital Realty Trust (DLR) PT Raised to $117 at Stifel Following 1Q

May 1, 2017 7:55 AM EDT

Stifel raised its price target on Digital Realty Trust (NYSE: DLR) to $117.00 (from $110.00) while maintaining a Hold rating. DLR reported 1Q CFFO of $1.52, $0.05 above consensus. AFFO of $1.36 comfortably beat consensus of $1.32.

Management continues to expect revenues in the $2.2B-$2.3B range with adjusted EBITDA... More