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QTS

QTS Realty Trust

$35.74

-1.23 (-3.33%)

08:19
04/09/18
04/09
08:19
04/09/18
08:19

QTS Realty Trust initiated with a Neutral at MoffettNathanson

MoffettNathanson analyst Nick Del Deo initiated QTS Realty Trust with a Neutral and $40 price target.

  • 01

    May

  • 03

    May

QTS QTS Realty Trust
$35.74

-1.23 (-3.33%)

03/16/18
03/16/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Lumber Liquidators (LL) upgraded to Buy from Hold at Loop Capital with analyst Laura Champine saying she has improved confidence in management's margin outlook. 2. Thor Industries (THO) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying the company is a leader in the RV industry thanks to its product range as well as strength in the motorized and towable categories, attracting younger customers who are looking for less expensive models. 3. QTS Realty Trust (QTS) upgraded to Buy from Neutral at Goldman Sachs with analyst Jiorden Sanchez saying he sees an attractive risk/reward following his deep dive analysis into a "wide range of potential scenarios." 4. Winnebago (WGO) upgraded to Buy from Hold at SunTrust with analyst Michael Swartz saying the recent selloff in the stock price provides an attractive entry point as the current valuation has "de-risked" the troubled motorized business which still accounts for about 45% of sales and also offers "little credit for potential sales acceleration and margin expansion" in the next 12-18 months. 5. WellCare (WCG) upgraded to Buy from Neutral at BofA/Merrill with analyst Kevin Fischbeck saying he views the company's valuation as an attractive entry point and believes the company has a strong growth trajectory with further upside from margin expansion in both the Medicare and Medicaid businesses and potential M&A that can supplement growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/16/18
GSCO
03/16/18
UPGRADE
Target $45
GSCO
Buy
QTS Realty Trust upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Jiorden Sanchez upgraded QTS Realty Trust to Buy and raised his price target for the shares to $45 from $38. The analyst sees an attractive risk/reward following his deep dive analysis into a "wide range of potential (standalone & M&A) scenarios."
03/07/18
WELS
03/07/18
NO CHANGE
WELS
Outperform
Digital Realty now top data center pick at Wells Fargo
Wells Fargo analyst Jennifer Fritzsche says that her top data center pick is now Digital Realty (DLR), followed by Equinix (EQIX), CyrusOne (CONE), QTS Realty Trust (QTS) and CoreSite Realty (COR). The analyst believes Digital Realty is set to benefit from improving leasing trends in early 2018, with several large hyperscale deals likely coming. Digital Realty is also the only data center REIT that can self-fund growth in 2018, without a need to tap the capital markets for debt or equity, she contends. Fritzsche reiterates an Outperform rating on Digital Realty shares.
02/26/18
RBCM
02/26/18
NO CHANGE
Target $42
RBCM
Outperform
QTS Realty Trust price target lowered to $42 from $62 at RBC Capital
RBC Capital analyst Jonathan Atkin lowered his price target on QTS Realty Trust to $42 after the company's Q4 results that showed "soft leasing" but "positive renewal spreads". The analyst adds that the guidance is "difficult to interpret" relative to historical comps and believes that external financing to fund capital expenditures will be required. Longer term, Atkin keeps his Outperform rating on QTS Realty based on its "attractive" core fundamentals, relative valuation, and potential appeal to external parties.

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