Fly News Breaks for September 11, 2019
DLR, INXN, CONE, GDS, COR, QTS, EQIX
Sep 11, 2019 | 08:38 EDT
As previously reported, Guggenheim analyst Robert Gutman downgraded Digital Realty (DLR) to Neutral from Buy after updating his models for Data Center REITS with "little-to-no changes" to his estimates and rolling forward his basis for his price targets to YE20. He cites estimated total returns below his 10% threshold for the change in rating. He raised his price target on Digital Realty shares to $132 from $127, based on the roll forward, while noting that CoreSite Realty (COR) is the other stock in the group on which he has a Neutral rating. Gutman has Buy ratings on CyrusOne (CONE), Equinix (EQIX), GDS Holdings (GDS), Interxion (INXN) and QTS Realty Trust (QTS).
News For DLR;COR;CONE;EQIX;GDS;INXN;QTS From the Last 2 Days
Feb 25, 2020 | 07:25 EST
Credit Suisse analyst Sami Badri raised his price target for QTS Realty Trust to $64 from $52 following Q4 results to reflect "solid" execution. The analyst has a Neutral rating on the shares.
Feb 24, 2020 | 07:47 EST
Raymond James analyst Frank Louthan raised his price target for Equinix to $742 from $625 and reiterated a Strong Buy rating. In a research note to investors, the analyst says that we continues to believe Equinix represents the best large cap play in the sector for large cap investors looking for better than average growth and a consistent investment.