Key Metro Pricing & Bookings Instill Optimism for Digital Realty (DLR)

Digital Realty Trust (NYSE:DLR) is one of the most favored real estate investment trusts according to Hedge Funds. On December 15, Phani Kanumuri at HSBC upgraded his rating on Digital Realty Trust (NYSE:DLR) from Hold to Buy. He also raised his estimated price target from $187 to $193, resulting in an upside of 18%. Kanumuri is projecting “strong and sustainable” growth in Digital Realty Trust’s (NYSE:DLR) adjusted funds from operations (AFFO), leading to promising near- to mid-term prospects. He share ...