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DLR

Digital Realty

$119.78

-0.5 (-0.42%)

, IBM

IBM

$134.09

-1.97 (-1.45%)

19:01
08/12/19
08/12
19:01
08/12/19
19:01

Digital Realty expands access to IBM Cloud in Australia

Digital Realty (DLR), an IBM (IBM) Cloud Direct Link partner, announced expanded access to IBM Cloud in Australia through the availability of IBM Cloud Direct Link Dedicating Hosting services in Sydney. The expansion in Sydney is expected to accelerate hybrid cloud adoption for local enterprises and enable them to take the next step in their hybrid cloud journeys. Australian customers can now access the IBM Cloud Direct Link Dedicated Hosting service through Digital Realty's 3.5-hectare data center campus on Templar Road in Erskine Park. The new low-latency service provides high-speed access to the IBM Cloud in Sydney with speeds up to 10 Gbit/s. The IBM Cloud data center is collocated on the Digital Realty campus in Sydney, further reducing latency for high-performance use cases.

DLR

Digital Realty

$119.78

-0.5 (-0.42%)

IBM

IBM

$134.09

-1.97 (-1.45%)

  • 15

    Sep

  • 18

    Sep

  • 27

    Oct

DLR Digital Realty
$119.78

-0.5 (-0.42%)

06/06/19
RAJA
06/06/19
UPGRADE
Target $127
RAJA
Outperform
Digital Realty upgraded to Outperform after management meetings at Raymond James
As previously reported, Raymond James analyst Frank Louthan upgraded Digital Realty Trust to Outperform from Market Perform. After meeting with management at the NAREIT event, Louthan sees Digital Realty being poised to reverse recent underperformance compared to the group, contending that its diversified base should be a strength. He set a $127 price target on Digital Realty Trust shares.
06/06/19
06/06/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. AMD (AMD) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Joseph Moore saying he still remains concerned that consensus forecasts for AMD in the second half of 2019 are too high, Moore acknowledges that "being cautious on the stock has obviously been the wrong call." 2. United Continental (UAL) upgraded to Buy from Neutral at Goldman Sachs with analyst Catherine O'Brien saying she sees a better risk/reward for the shares relative to Spirit Airlines (SAVE), a stock she downgraded this morning to Neutral from Buy. 3. Digital Realty (DLR) upgraded to Outperform from Market Perform at Raymond James with analyst Frank Louthan saying after he met with management, he now sees Digital Realty being poised to reverse recent underperformance compared to the group, contending that its diversified base should be a strength. 4. Outfront Media (OUT) upgraded to Outperform from In-Line at Imperial Capital with analyst David Miller saying he increased his estimates for fiscal 2019 and 2020 due the company's share gains against other forms of media. His higher estimates for 2020 are due to a "more robust" outlook for Outfront's transit business, particularly digital signage in New York City. 5. Flex (FLEX) upgraded to Conviction Buy from Neutral at Goldman Sachs with analyst Mark Delaney saying he had been concerned about the potential overhang from a "handful of issues," including the company's CEO search, the size of its CTG program exits and the resulting impact on earnings, and macroeconomic risk. He believes, however, that these issues now have more clarity and are priced into the stock. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/03/19
ARGS
07/03/19
INITIATION
Target $140
ARGS
Buy
Digital Realty initiated with a Buy at Argus
Argus analyst Jacob Kilstein initiated Digital Realty with a Buy rating and a price target of $140, saying the stock remains undervalued at current levels based on the company's strong growth prospects and increasing dividend payouts. The analyst believes that Digital Realty offers "strong opportunities" in the global colocation market with a record of growth organically and through acquisitions.
07/23/19
COWN
07/23/19
DOWNGRADE
COWN
Market Perform
Digital Realty downgraded to Market Perform from Outperform at Cowen
Cowen analyst Colby Synesael downgraded Digital Realty Trust to Market Perform from Outperform. The analyst cites valuation for the downgrade as he sees a less attractive risk/reward profile at current share levels.
IBM IBM
$134.09

-1.97 (-1.45%)

08/01/19
MSCO
08/01/19
INITIATION
Target $170
MSCO
Overweight
IBM resumed with an Overweight at Morgan Stanley
Morgan Stanley analyst Katy Huberty resumed coverage of IBM with an Overweight rating and $170 price target, stating that the company is in the later innings of a transformation meant to return the company to growth and margin expansion, both of which should accelerate post the closing of the Red Hat acquisition. She assumes IBM grows revenue at 2% annual adjusted rate, but noted that her base case doesn't credit IBM with planned Red Hat revenue synergies that could drive added upside.
08/05/19
MSCO
08/05/19
NO CHANGE
Target $170
MSCO
Overweight
IBM guidance with Red Hat in-line with Morgan Stanley expectations
After IBM (IBM) guided calendar year 2019 EPS of "at least" $12.80 when factoring in Red Hat, Morgan Stanley analyst Katy Huberty said this was in-line with her expectation ahead of the event. Following the company's Red Hat presentation, Huberty shifted some of her revenue and EPS forecast into Q4 to reflect the mainframe cycle, but her 2019 estimates for IBM remained otherwise unchanged. Huberty, who thinks Red Hat provides the horizontal platform to bridge the public clouds of AWS (AMZN), Azure (MSFT), GCP (GOOGL), and IBM Cloud, said the "Red Hat acquisition is all about positioning for Chapter 2 of cloud," which will be focused on enterprises' mission critical workloads. Huberty keeps an Overweight rating and $170 price target on IBM shares.
08/06/19
WELS
08/06/19
NO CHANGE
Target $147
WELS
Market Perform
IBM price target raised to $147 from $140 at Wells Fargo
Wells Fargo analyst Ed Caso raised his price target for IBM to $147 from $140 to reflect the recently closed Red Hat acquisition and management's revised 2019 guidance. The analyst reiterates a Market Perform rating on the shares.
08/12/19
JPMS
08/12/19
NO CHANGE
Target $152
JPMS
Neutral
JPMorgan ups IBM target to $152 on favorable view of Red Hat deal
JPMorgan analyst Tien-tsin Huang views IBM's acquisition of Red Hat favorably, saying the asset "should energize" IBM's quest to be the leader in hybrid cloud. The acquisition, while not without risks, could significantly accelerate OpenShift adoption rates, and help Red Hat establish the product as an industry standard in Containerization, Huang tells investors in a research note. He raised his price target for IBM to $152 from $147 but keeps a Neutral rating on the shares. The analyst wants to see proof of integration and execution before getting more constructive on the name.

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DB

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MXIM

Maxim Integrated

$52.14

-2.42 (-4.44%)

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  • 10

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GLD

SPDR Gold Shares

$144.15

2.77 (1.96%)

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AUMN

Golden Minerals

$0.27

0.0159 (6.38%)

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Golden Minerals receives noncompliance notice from NYSE »

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DMPI

DelMar Pharmaceuticals

$0.77

0.0047 (0.61%)

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Intracoastal Capital reports 9.99% passive stake in DelMar Pharmaceuticals »

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RTN

Raytheon

$180.58

-6.44 (-3.44%)

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UHAL

Amerco

$339.43

-2.97 (-0.87%)

17:21
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Amerco announces special cash dividend of 50c per share »

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NTLA

Intellia Therapeutics

$15.77

-1.08 (-6.41%)

17:20
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Syndicate
Breaking Syndicate news story on Intellia Therapeutics »

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GD

General Dynamics

$183.42

-4.19 (-2.23%)

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NVLN

Novelion Therapeutics

$0.66

-0.0523 (-7.37%)

17:17
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Stonepine Capital reports 6.1% passive stake in Novelion Therapeutics »

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LMT

Lockheed Martin

$376.85

-8.91 (-2.31%)

17:14
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Lockheed Martin awarded $2.43B Navy contract modification »

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ONCS

OncoSec

$1.84

-0.03 (-1.60%)

17:14
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TNXP

Tonix Pharmaceuticals

$0.42

-0.0249 (-5.60%)

17:09
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Syndicate
Breaking Syndicate news story on Tonix Pharmaceuticals »

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  • 25

    Sep

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

17:08
08/23/19
08/23
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17:08
General News
Trump to raises tariff rates on Chinese goods, CNBC says »

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

03/08/13
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ATIS

Attis Industries

$1.03

-0.08 (-7.21%)

17:06
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Hot Stocks
Attis Industries provides update on status of Nasdaq listing »

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CVEO

Civeo

$1.32

-0.07 (-5.04%)

17:04
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AGO

Assured Guaranty

$42.56

-1.09 (-2.50%)

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RMED

Ra Medical Systems

$1.87

-0.055 (-2.86%)

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PBA

Pembina Pipeline

$35.73

-0.81 (-2.22%)

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  • 01

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APEN

Apollo Endosurgery

$3.50

(0.00%)

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16:40
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LQDA

Liquidia Technologies

$5.23

-0.38 (-6.77%)

16:35
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V

Visa

$175.24

-4.91 (-2.73%)

16:32
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QCOM

Qualcomm

$73.57

-3.55 (-4.60%)

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ANFI

Amira Nature Foods

$0.58

-0.0144 (-2.44%)

16:30
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