UPDATE: Morgan Stanley Reiterates on Digital Realty Trust as Quarterly Dividend Increases

In a report published Wednesday, Morgan Stanley analyst Vance H. Edelson reiterated an Overweight rating on

, but removed the $73.00 price target. In the report, Morgan Stanley noted, “Digital Realty increased its quarterly dividend by $0.05 suggesting $3.32 annually, a 6.4% increase over 2013's $3.12. While partially due to one-time gains, the increase also reflects ongoing robust fundamentals and sends a positive message for a stock already yielding 6%.” Digital Realty Trust closed on Tuesday at $52.11.