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Forex

Royal Bank of Canada Lifts Target Price for Digital Realty Trust to $227.00

Guavy AI Editorial Team
Instruments
CAD
Share

Royal Bank of Canada upgraded its target price for Digital Realty Trust (NYSE:DLR) to $227.00 from $207.00, according to a report released on Monday.

This move reflects an increase in the firm's confidence in the company's growth prospects and is accompanied by an 'outperform' rating.

The upgraded target price implies a potential upside of 14.57% from the stock's current price of $198.14.

Royal Bank of Canada is not alone in its optimistic outlook, as other brokerages have also issued positive reports on Digital Realty Trust.

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