Sign Up
Stories
Digital Realty's Stock Price Drops
Share
Lontium Semiconductor Exceeds 2023 Earni...
REITs Climb to New 52-Week Highs
REITs Soar, Sector SPDR Lags
AIR Communities Reports Strong 2023 Resu...
Alpine Income Trust Q1 Update
Comerica's Cash Flow and Dividend Yield
Overview
API
Digital Realty's stock price fell by 5.1% after missing 2024 forecasts, prompting a downgrade by Scotiabank. Despite this, Raymond James raised its price target, while TD Cowen and Stifel also raised their respective targets. The average rating is 'buy' with a median PT of $142, outperforming the S&P 500 Real Estate index's 8% advance in 2023.
Ask a question
How does the downgrade by Scotiabank reflect on the broader market sentiment towards Digital Realty and the real estate industry?
How might the missed forecasts impact Digital Realty's future performance and investor confidence?
What factors contributed to the positive performance of the S&P 500 Real Estate index despite Digital Realty's challenges?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage
tradi